HOUSTON (AP) _ Luby's Inc. (LUB) on Monday reported a loss of $25 million in its fiscal third quarter.
On a per-share basis, the Houston-based company said it had a loss of 82 cents. Losses, adjusted for asset impairment costs and to account for discontinued operations, came to 49 cents per share.
The casual dining chain posted revenue of $19 million in the period.
In the final minutes of trading on Monday, the company's shares hit $1.11. A year ago, they were trading at $1.15.