Peak Resorts (SKIS) Declares $0.07 Quarterly Dividend; 6% Yield

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Peak Resorts Reports Results for Fourth-Quarter and Full-Year 2017; Declares Common Stock Dividend of $.07 Per Share

July 13, 2017 10:06 AM EDT

WILDWOOD, Mo., July 13, 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 the fourth quarter and full year of its 2017 fiscal year ended April 30, 2017.

Annual highlights include:

Revenue of $123.2 million, an increase of 29% over the prior year ending April 30, 2016Net income increased to 3 cents per share (diluted) from a net loss of 23 cents per share (diluted) in the prior yearReported EBITDA* increased 65% over the prior year to $26.8... More