U.S. markets closed
  • S&P 500

    3,435.56
    -7.56 (-0.22%)
     
  • Dow 30

    28,210.82
    -97.97 (-0.35%)
     
  • Nasdaq

    11,484.69
    -31.80 (-0.28%)
     
  • Russell 2000

    1,603.78
    -13.93 (-0.86%)
     
  • Crude Oil

    40.02
    -0.01 (-0.02%)
     
  • Gold

    1,929.20
    -0.30 (-0.02%)
     
  • Silver

    25.20
    -0.04 (-0.14%)
     
  • EUR/USD

    1.1865
    +0.0036 (+0.31%)
     
  • 10-Yr Bond

    0.8160
    +0.0190 (+2.38%)
     
  • GBP/USD

    1.3142
    +0.0195 (+1.50%)
     
  • USD/JPY

    104.5700
    -0.9000 (-0.85%)
     
  • BTC-USD

    13,102.75
    +2,045.74 (+18.50%)
     
  • CMC Crypto 200

    258.26
    +13.37 (+5.46%)
     
  • FTSE 100

    5,776.50
    -112.72 (-1.91%)
     
  • Nikkei 225

    23,639.46
    +72.42 (+0.31%)
     

Rave Restaurant Group: Fiscal 4Q Earnings Snapshot

·1 min read

THE COLONY, Texas (AP) _ Rave Restaurant Group Inc. (RAVE) on Wednesday reported fiscal fourth-quarter net income of $31,000, after reporting a loss in the same period a year earlier.

On a per-share basis, the The Colony, Texas-based company said it had net income of less than 1 cent.

The pizza chain operator posted revenue of $1.6 million in the period.

For the year, the company reported that its loss widened to $4.2 million, or 28 cents per share. Revenue was reported as $10 million.

In the final minutes of trading on Wednesday, the company's shares hit 44 cents. A year ago, they were trading at $2.57.

_____

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