Drive Shack (DS) Tops Q4 EPS by 2c

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Drive Shack Inc. Announces Fourth Quarter and Full Year 2021 Financial Results and Preferred Stock Dividends for First Quarter 2022

March 11, 2022 6:45 AM EST

Fourth Quarter 2021 Total Company Revenue Up 17% to $70.5 Million Compared to Fourth Quarter 2020

Full Year 2021 Total Company Revenue Up 28% to $282 Million Compared to $220 Million for Full Year 2020; Highest Annual Total Company Revenue Reported in Three Years

Full Year 2021 Operating Loss Improves 48% to ($19.2) Million Compared to ($36.6) Million for Full Year 2020

Full Year 2021 Adjusted EBITDA1 of $16.2 Million, a $19.3 Million Increase Compared to ($3.1) Million for Full Year 2020

DALLAS--(BUSINESS... More