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NEW YORK (AP) _ XCel Brands Inc. (XELB) on Tuesday reported first-quarter profit of $127,000.
The New York-based company said it had net income of 1 cent per share. Earnings, adjusted for amortization costs and stock option expense, came to 8 cents per share.
The brand management company posted revenue of $10.3 million in the period.
The company's shares closed at $1.25. A year ago, they were trading at $2.65.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XELB at https://www.zacks.com/ap/XELB