Brand management firm Xcel Brands Inc. reported second-quarter results that beat Wall Street estimates for both earnings per share and revenues.

For the three months ended June 30, the company said the net loss was $90,000, or 0 cents, against net income of $2.1 million, or 14 cents, in the year-ago period. On an adjusted basis for certain cash and noncash items, the company ended the quarter with net income of $2.1 million, or 11 cents a diluted share, compared with $1.1 million, or 7 cents, a year ago. Total revenues grew 45 percent to $9.1 million from $6.3 million.

Wall Street was expecting EPS of 8 cents on revenues of $8.7 million.

For the six months, the loss was $135,000, or 1 cent a diluted share, on a 36.3 percent climb in revenues to $17.4 million.

Robert D’Loren, chairman and chief executive officer, said the company launched its IMNYC Isaac Mizrahi, H Halston and Highline Collective brands at Lord & Taylor and Hudson’s Bay department stores during the quarter. He added that the company is also seeing growth in its interactive television business at QVC. The company is focused on expanding its department store distribution, and continues to invest in its quick-time-response platform.

The quick-time-response platform is aimed at shortening the lead times in production. Xcel had the idea of helping retailers manage inventory in the current market environment that favors fast fashion, and inked a deal with Lord & Taylor and Hudson’s Bay nearly a year ago for them to be the exclusive retail partners for the program in the U.S. and Canada. That program includes the manufacture and design of four Xcel brands: IMNYC Isaac Mizrahi; H Halston; C. Wonder Ltd. and Highline, the private label brand targeting the Millennial consumer that was created just for the platform. With the exception of C. Wonder, the other three were already in the stores for spring. C. Wonder will be available either later this year or for spring 2017.

In a conference call to Wall Street analysts, D’Loren said the company is planning on offering the fast-fashion program to other retailers. He also said the company is working with QVC on introducing home and beauty brands for the interactive channel, with the expectation that those plans will be finalized in 2017.

D’Loren also said that the new quick-response capability broadens the types of businesses that it can now consider for an acquisition. Firms that are primarily supply-chain oriented now could be an acquisition opportunity for Xcel provided the business model can be converted to the new platform, he said.

Shares of Xcel Brands fell 5.1 percent to close at $4.98 in Nasdaq trading. The company reported results after the equity markets ended their trading sessions for the day.