Dave & Buster's Loss Narrows

(RTTNews) - Dave & Buster's Entertainment Inc (PLAY) Tuesday reported third-quarter net loss of $4.6 million or $0.13 per diluted share compared with a loss of $10.2 million or $0.31 per share last year.

Pro forma loss for the quarter was $0.06 per basic share compared with a loss of $0.11 per share a year ago.

Revenues for the quarter were higher at $163.5 million compared with $142.3 million in the prior year.

Analysts polled by Thomson Reuters estimated a loss of $0.09 per share on revenues of $159.3 million for the quarter. Analysts' estimates typically exclude special items.

For the full year 2014, the company expects comparable store sales increase of 5.5% to 6%.

Dave & Buster's operates venues that combine dining and entertainment. It offers food and beverage items combined with an assortment of entertainment attractions, including skill and sports-oriented redemption games and video games.