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Intrawest Resorts (SNOW) Misses Q1 EPS by 17c

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Intrawest Reports Fiscal 2017 First Quarter Results

November 3, 2016 6:30 AM EDT

DENVER--(BUSINESS WIRE)-- Intrawest Resorts Holdings, Inc. (NYSE: SNOW), a leading North American mountain resort and adventure company, today reported results for the three months ended September 30, 2016.

First Quarter Highlights

Net loss attributable to Intrawest Resorts Holdings, Inc. improved to $44.4 million compared to a net loss of $47.0 million in the first quarter of fiscal 2016. Adjusted EBITDA improved 1.6% to a loss of $13.9 million compared to the prior year period, or 7.4% excluding Intrawest Resort Club Group ("IRCG") during all periods. Total segment revenue decreased 6.5% to $80.2... More