By  on August 8, 2018

Investors were not pleased with the second-quarter earnings report from Iconix Brand Group.

The company swung to a net loss of $79.4 million, or $1.26 a diluted share, from net income of $43.6 million, or 74 cents, a year ago. On an adjusted basis, net income was $7.7 million, or 12 cents a share. Licensing revenue fell 18.5 percent to $50.2 million from $61.6 million.

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