Peak Resorts (SKIS) Misses Q1 EPS by 1c
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Peak Resorts Reports Results for First-Quarter FY2016
September 10, 2015 7:30 AM EDTWILDWOOD, Mo., Sept. 10, 2015 (GLOBE NEWSWIRE) -- Peak Resorts, Inc. (NASDAQ: SKIS), a leading owner and operator of high-quality, individually branded ski resorts in the U.S., today reported results for the first quarter of its 2016 fiscal year, which ended July 31, 2015.
Highlights include:
Net loss was $7.1 million compared to $8.2 million in last year's first quarter, largely due to lower interest expense. Reported EBITDA* for the first quarter was a loss of $6.5 million, level with last year's first quarter and in line with management's expectations. Mount Snow EB-5 project reached... More