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Pinstripes Fiscal Q1 Net Loss Narrows, Revenue Rises; Shares Fall After Hours
2024-09-05 04:40
04:40 PM EDT, 09/04/2024 (MT Newswires) -- Pinstripes (PNST) reported a fiscal Q1 net loss late Wednesday of $0.23 per diluted share, narrowing from the loss of $0.38 a year earlier.
Two analysts polled by Capital IQ expected a loss of $0.12.
Revenue in the 12 weeks ended July 21 rose to $30.6 million from $25.7 million a year earlier.
Three analysts surveyed by Capital IQ expected $34.2 million.
Shares of the company fell 3.2% in recent after-hours activity.
Price: 2.1300, Change: -0.07, Percent Change: -3.18
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