Peak Resorts (SKIS) Reports Q4 Loss of $0.50/Share
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Peak Resorts Reports Results for Fourth-Quarter and Full-Year 2016
July 14, 2016 7:30 AM EDTWILDWOOD, Mo., July 14, 2016 (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 fourth quarter and full year of its 2016 fiscal year ended April 30, 2016.
Highlights include:
Revenue for fiscal 2016 was $95.7 million.Fiscal 2016 net loss was $3.3 million, or 23 cents per share.Reported EBITDA* for fiscal 2016 was $16.2 million.Resort operating expenses were down $0.5 million for the full year.During the spring, demand was... More