Peak Resorts (SKIS) Misses Q3 EPS by 1c
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Peak Resorts Reports Results for Third Quarter FY2017
March 9, 2017 7:32 AM ESTWILDWOOD, Mo., March 09, 2017 (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 its fiscal third quarter and nine months ended January 31, 2017.
Third-quarter 2017 highlights (includes Hunter Mountain in the three and nine months ended January 31, 2017):
Revenue increased 46% to $56.4 million, compared to $38.7 million for the third quarter of fiscal 2016.Resort operating expenses were up $8.3 million over the third quarter of fiscal 2016.Net income was $8.2 million, or $0.58 and $0.47 per... More