Kona Grill (KONA) Tops Q1 EPS by 8c, SSS Down 8.3%

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Kona Grill Reports First Quarter 2018 Results

May 10, 2018 4:05 PM EDT

- Margin Improvements from Cost-Savings Initiatives Drives EBITDA Growth of 140%- Strengthens Balance Sheet with Strategic Private Placement of $5.6 million- Targets China for International Development through a Master Franchise Agreement- Commences Franchising of Kona Grill Brand in the U.S.

SCOTTSDALE, Ariz., May 10, 2018 (GLOBE NEWSWIRE) -- Kona Grill, Inc. (NASDAQ: KONA), an American grill and sushi bar, reported financial results for the first quarter ended March 31, 2018.

First Quarter 2018 Key Items Compared to First Quarter 2017

Revenues decreased 7.1% to $42.0... More