secwatch.observer — SEC 8-K summary
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Issuer:     RCI HOSPITALITY HOLDINGS, INC. (RICK)
CIK:        0000935419
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001628280-24-022228
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RCI Hospitality Q2 2024 EPS drops to $0.08 from $0.83; Adjusted EBITDA down 21% YoY
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- Total revenues $72.3M, up ~1% YoY vs $71.5M; net income plunged to $0.8M from $7.7M.
- GAAP EPS $0.08 vs $0.83; non-GAAP EPS $0.90 vs $1.30; other charges surged to $8.2M.
- Adjusted EBITDA $17.2M vs $21.7M (-21%); free cash flow $8.8M vs $14.8M (-41%).
- Cash from operations $10.8M vs $16.8M; weighted avg shares 9.35M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935419/000162828024022228/0001628280-24-022228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935419/000162828024022228/rick-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-022228

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