RCI Hospitality Holdings (RICK) Reports Q4 EPS of $0.31

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RCI Reports 4Q16 and FY16 Results and FY17 Outlook

December 13, 2016 4:05 PM EST

HOUSTON, Dec. 13, 2016 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today announced results for the fourth quarter and fiscal year ended September 30, 2016 and its outlook for FY17.

4Q16 vs. 4Q15

GAAP EPS diluted of $0.04 compared to $0.05. 4Q16 included charges, most of which were announced in October, to eliminate non-performing units, free up capital, and further improve cash flow. Excluding these charges and other items, non-GAAP* EPS diluted increased to $0.31 from $0.21, reflecting continued improvement in RCI's performance. Total revenues of $33.0 million compared to $32.8... More