Papa Murphy's (NASDAQ: FRSH) reported Q4 EPS of $0.09, $0.07 better than the analyst estimate of $0.02. Revenue for the quarter came in at $35.5 million versus the consensus estimate of $39.19 million.

• Revenue increased 5% to $35.5 million from $33.8 million. Revenue in the fourth quarter of 2016 included approximately $2.7 million attributed to the extra operating week.
• Domestic system comparable store sales decreased 7.8% on a comparable 13-week basis, including a 7.5% decrease at domestic franchise-owned stores and an 11.1% decrease at company-owned stores.
• Net income was $1.5 million for the fourth quarter of 2016, or $0.09 per diluted share, compared to net income of $2.6 million, or $0.16 per diluted share, for the fourth quarter of 2015. Net Income in the fourth quarter of 2016 included an approximate $0.1 million benefit attributed to the extra operating week.
• Adjusted EBITDA(1) increased 3.4% to $7.8 million from $7.5 million. Adjusted EBITDA in the fourth quarter of 2016 included an approximate $0.5 million benefit attributed to the extra operating week.
• Papa Murphy’s opened 28 new stores in the quarter, including 27 in the U.S., compared to 46 new stores opened in the fourth quarter of 2015, including 40 in the U.S.

For earnings history and earnings-related data on Papa Murphy's (FRSH) click here.