Business


Earnings: Red Lion Hotels

THURSDAY, MAY 3, 2012

Spokane-based hospitality chain

Stock symbol: RLH
Reporting period:

1Q

Earnings:

Loss of $6.6 million

(34 cents per share)

Versus 2011:

Loss of $4.5 million

(24 cents per share)

Revenue: $32.7 million, versus $33.6 million in 1Q 2011
Analysis: Earnings before interest, taxes and amortization improved to $1.2 million, compared to a loss of $500,000 in first quarter 2011. Red Lion’s entertainment sector declined $0.3 million as a result of slower ticket sales.


Click here to comment on this story »




Back to Spokesman Mobile