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. |