Apex Global Brands swings to Q4 loss of 1.1 million dollars

Apex Global Brands reported revenues of 5.5 million dollars for the fourth quarter, a decrease of 10 percent, while full year revenues totalled 21 million dollars, a decrease of 14 percent from the prior year. Net loss was 1.1 million dollars for the fourth quarter or a loss of 21 cents per diluted share, compared to net income of 0.2 million dollars or 4 cents per diluted share, in the fourth quarter of the prior year, while net loss for fiscal 2020 was 11.5 million dollars or a loss of 2.12 dollars per diluted share compared to a net loss of 11.5 million dollars or a loss of 2.45 dollars per diluted share, in the prior year.