ONE Group Hospitality (STKS) Posts Q4 Loss of $0.01

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The ONE Group Reports Fourth Quarter and Full Year 2017 Results

March 28, 2018 4:05 PM EDT

Company Provides Development Update and Issues Long-Term Growth Targets

Announces Appointment of New Director

NEW YORK--(BUSINESS WIRE)-- The ONE Group Hospitality, Inc. (The ONE Group or the Company) (NASDAQ: STKS), today reported its financial results for the fourth quarter and full year ended December 31, 2017. The Company also provided a development update, issued long-term growth targets and announced the appointment of a new director.

Highlights for the fourth quarter ended December 31, 2017 were as follows:

Total GAAP revenue increased 6.1% to $21.7 million... More