Red Lion Hotels: 3Q Earnings Snapshot
DENVER (AP) _ Red Lion Hotels Corp. (RLH) on Friday reported a third-quarter loss of $3.5 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Denver-based company said it had a loss of 14 cents. Earnings, adjusted for asset impairment costs, were 7 cents per share.
The hospitality company posted revenue of $32.9 million in the period.
Red Lion Hotels shares have decreased 22% since the beginning of the year. The stock has declined 33% in the last 12 months.