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Fiesta Restaurant Group: 1Q Earnings Snapshot

DALLAS (AP) _ Fiesta Restaurant Group Inc. (FRGI) on Monday reported first-quarter net income of $2.3 million.

On a per-share basis, the Dallas-based company said it had net income of 8 cents. Earnings, adjusted for non-recurring costs, came to 15 cents per share.

The owner of Pollo Tropical and Taco Cabana restaurants posted revenue of $165.9 million in the period.

Fiesta Restaurant Group shares have decreased 13% since the beginning of the year. In the final minutes of trading on Monday, shares hit $13.51, a decline of 37% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FRGI at https://www.zacks.com/ap/FRGI