AP NEWS

Rave Restaurant Group: Fiscal 1Q Earnings Snapshot

November 7, 2018

THE COLONY, Texas (AP) _ Rave Restaurant Group Inc. (RAVE) on Tuesday reported fiscal first-quarter net income of $108,000, after reporting a loss in the same period a year earlier.

The The Colony, Texas-based company said it had profit of 1 cent per share.

The pizza chain operator posted revenue of $3 million in the period.

In the final minutes of trading on Tuesday, the company’s shares hit $1.40. A year ago, they were trading at $1.54.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RAVE at https://www.zacks.com/ap/RAVE

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