The ONE Group reports positive 3Q transaction growth and stronger cash flow
FROM THE WIRE · FINANCE.YAHOO.COM
By Karen Roman The ONE Group Hospitality, Inc. (Nasdaq: STKS) said adjusted EBITDA increased 5% to $11.1 million compared to $10.6 million the year prior, with net cash from operating activities rising 50% to $8.8 million compared to $5.9 million. Total GAAP revenues were $177.0…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralMixed results for a restaurant chain: EBITDA and cash flow improved, but revenue declined.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Adjusted EBITDA rose 5% to $11.1 million from $10.6 million.
- 02GAAP revenue fell 1.8% to $177.0 million, while operating cash flow rose 50% to $8.8 million.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets