Sequential Brands, owner of many brands including Avia, And1, Heelys and Revo, reported a net loss of $1.3 million for the second quarter, up from $0.6 million in the year-ago period, despite a 190 percent increase in revenues to $20.2 million. Adjusted operating earnings before amortization (Ebitda) jumped by 240 percent to $12.4 million, and the licensing company still plans to end the year with adjusted Ebitda of at least $48.5 million on revenues of $78.0 million or more.
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