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Good Times Restaurants fiscal Q2 loss widens YOY

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Good Times Restaurants fiscal Q2 loss widens YOY

4636608 said its normalized net income for the fiscal second quarter ended March 31 was a loss of 4 cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 6 cents per share.

The per-share loss increased year over year from 2 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $502,250, compared with a loss of $180,250 in the prior-year period.

The normalized profit margin declined to negative 3.3% from negative 2.1% in the year-earlier period.

Total revenue rose 75.8% year over year to $15.3 million from $8.7 million, and total operating expenses rose 77.2% from the prior-year period to $15.8 million from $8.9 million.

eported net income came to a loss of $673,000, or a loss of 5 cents per share, compared to a loss of $435,000, or a loss of 5 cents per share, in the year-earlier period.Good Times Restaurants Inc.

4636608 said its normalized net income for the fiscal second quarter ended March 31 was a loss of 4 cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 6 cents per share.