earnings
confidence high
sentiment positive
materiality 0.65
Ark Restaurants Q1 revenues $44M, net income $2.2M vs loss year ago
ARK RESTAURANTS CORP
2022-Q1 EPS reported
$0.61
revenue$43,986,000
- Total revenues $43.986M for quarter ended Jan 1, 2022, up from $20.299M a year ago.
- Net income $2.209M ($0.62 basic EPS) vs net loss $(0.763M) ($(0.22) per share) prior year.
- Adjusted EBITDA was $3.946M compared to $(2.370M) in the prior-year quarter.
- Blue Moon Fish Co, acquired Dec 2020, contributed $1.982M to revenue.
- All restaurants open with no indoor dining limits except NYC requiring proof of vaccination.