NEW YORK (AP) — NEW YORK (AP) — XCel Brands Inc. (XELB) on Monday reported a loss of $6.3 million in its first quarter.

On a per-share basis, the New York-based company said it had a loss of 31 cents. Losses, adjusted for asset impairment costs and amortization costs, were 9 cents per share.

The brand management company posted revenue of $2.2 million in the period.

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