Red Lion Hotels: 2Q Earnings Snapshot
DENVER (AP) _ Red Lion Hotels Corp. (RLH) on Monday reported a loss of $2.8 million in its second quarter.
The Denver-based company said it had a loss of 11 cents per share. Losses, adjusted for non-recurring costs and costs related to mergers and acquisitions, came to 5 cents per share.
The hospitality company posted revenue of $28.9 million in the period.
Red Lion Hotels shares have decreased 21% since the beginning of the year. The stock has dropped 46% in the last 12 months.