Red Lion Hotels Corp. earnings report
Hospitality and entertainment company
| Stock symbol:
RLH |
| Reporting period:
1Q 2015 |
| Earnings:
Profit of $10.2 million 51 cents per share
Versus 1Q 2014: Loss of $3.5 million (18 cents per share) |
| Revenue:
$29.7 million |
| Analysis:
Red Lion used a portion of the $39.5 million in proceeds from the sale of its Bellevue and Wenatchee properties to buy license agreements for two hotel chains, adding 73 hotels to its portfolio. |