Drive Shack (DS) Tops Q4 EPS by 32c

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Drive Shack Inc. Announces Fourth Quarter and Full Year 2020 Results and Preferred Stock Dividends for First Quarter 2021

March 12, 2021 6:50 AM EST

Reports 2020 Fourth Quarter Net Income of $9.9 Million and Positive Adjusted EBITDA of $5.3 Million

NEW YORK--(BUSINESS WIRE)-- Drive Shack Inc. (the Company) (NYSE: DS), a leading owner and operator of golf-related leisure and entertainment businesses, today reported its financial results for the fourth quarter and full year ended December 31, 2020.

We are very pleased with our fourth quarter results as we continue to see strong momentum in both our Drive Shack and American Golf businesses, said President and Chief Executive Officer Hana Khouri. In December, we successfully reopened our Orlando... More