May 3, 2012 in Business

Earnings: Red Lion Hotels

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.

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