11:49 AM EDT, 05/20/2024 (MT Newswires) -- Digital Brands Group ( DBGI ) shares were down more than 13% in recent Monday trading following its Q1 results.

Earlier, the company reported a Q1 net loss of $0.46 per diluted share, narrowing from a net loss of $27.48 per share a year ago.

Revenue for the quarter ended March 31 was $3.6 million, compared with $4.4 million a year earlier.

Analyst estimates were not available for comparison.

Price: 2.27, Change: -0.34, Percent Change: -13.14