RCI Hospitality Shares Jump After Anticipated Filing, Numbers Raise Questions
RCI Hospitality filed its overdue second-quarter 10-Q, reporting $68.7 million in revenue, up from $65.9 million last year, but swung to a GAAP loss of 4 cents per share after impairment charges. Adjusted profit and cash flow rose. Shares last traded at $25.22, up $0.62. Nasdaq had warned RCI over the late filing but has not confirmed if the issue is closed.
