secwatch.observer — SEC 8-K summary
======================================

Issuer:     RCI HOSPITALITY HOLDINGS, INC. (RICK)
CIK:        0000935419
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001628280-23-028577
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935419/000162828023028577/0001628280-23-028577-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935419/000162828023028577/rick-20230809.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-028577

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer