ONE Group Hospitality (STKS) Tops Q1 EPS by 2c

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Go back to ONE Group Hospitality (STKS) Tops Q1 EPS by 2c

The ONE Group Reports First Quarter 2022 Financial Results

May 6, 2022 7:00 AM EDT

Quarterly Revenues Increased 46.9% and Adjusted EBITDA Increased 65.5%
Quarterly Consolidated Comparable Sales Increased 45.1% Compared to 2021 and 45.3% Compared to 2019

DENVER--(BUSINESS WIRE)-- The ONE Group Hospitality, Inc. (The ONE Group or the Company) (Nasdaq: STKS) today reported its financial results for the first quarter ended March 31, 2022.

Highlights for the first quarter compared to the same period in 2021 are as follows:

Total GAAP revenues increased 46.9% to $74.2 million from $50.5 million; GAAP net income attributable to The ONE Group was $3.7 million, or $0.11 per share ($0.15 adjusted net... More