---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-028577"
form_type: "8-K"
ticker: "RICK"
cik: "0000935419"
company_name: "RCI HOSPITALITY HOLDINGS, INC."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-12T00:07:04.158994+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# RCI reports 3Q23 revenue $77.1M, GAAP EPS $0.96 (down from $1.48 YoY)

## Summary
- Revenue $77.1M (+9% YoY from $70.7M); net income $9.1M vs $13.9M prior year.
- GAAP EPS $0.96, Non-GAAP EPS $1.30, vs $1.48 and $1.60 respectively in 3Q22.
- Adjusted EBITDA $22.7M vs $24.6M YoY; free cash flow $14.3M vs $18.0M.
- Net cash from operations $15.3M for the quarter; weighted avg shares 9.43M.
- Conference call at 4:30 PM ET today on X Spaces; Meet Management at 7 PM ET.

## SEC filing metadata
- accession: 0001628280-23-028577
- form_type: 8-K
- ticker: RICK
- cik: 0000935419
- company_name: RCI HOSPITALITY HOLDINGS, INC.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/935419/000162828023028577/0001628280-23-028577-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/935419/000162828023028577/rick-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-028577
- JSON: https://secwatch.observer/filing/0001628280-23-028577.json
- Plain text: https://secwatch.observer/filing/0001628280-23-028577.txt

## Key facts
- Earnings Releases
  RCI HOSPITALITY HOLDINGS, INC. reported fiscal 2023 third quarter ended June 30, 2023 results: revenue $77.1M, net income $9.1, EPS $0.96.
  - Period: fiscal 2023 third quarter ended June 30, 2023
  - Revenue: $77.1M
  - Net income: $9.1
  - EPS: $0.96
  - Result: reported results
  source text: RCI Reports 3Q23 Results: Total Revenues $77.1M, GAAP EPS $0.96, Non-GAAP EPS $1.30
  evidence_url: https://www.sec.gov/Archives/edgar/data/935419/000162828023028577/0001628280-23-028577-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.