RCI Hospitality Holdings Inc. Q4 Profit Retreats 31%

(RTTNews) - RCI Hospitality Holdings Inc. (RICK) released earnings for fourth quarter that dropped compared to the same period last year.

The company said its earnings fell to $1.76 million, or $0.17 per share. This was down from $2.54 million, or $0.23 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 4.4% to $35.01 million. This was up from $33.54 million last year.

RCI Hospitality Holdings Inc. earnings at a glance:

-Earnings (Q4): $1.76 Mln. vs. $2.54 Mln. last year. -Earnings Decline (Y-o-Y): -30.7% -EPS (Q4): $0.17 vs. $0.23 last year. -EPS Decline (Y-o-Y): -26.1% -Revenue (Q4): $35.01 Mln vs. $33.54 Mln last year. -Revenue Change (Y-o-Y): 4.4%