RCI Hospitality Holdings Inc. Q2 Earnings Drop 12%

(RTTNews) - RCI Hospitality Holdings Inc. (RICK) released a profit for second quarter that retreated compared to the same period last year.

The company said its earnings fell to $4.06 million, or $0.40 per share. This was lower than $4.60 million, or $0.44 per share, in last year's second quarter.

The company said revenue for the quarter fell 1.7% to $34.40 million. This was down from $34.99 million last year.

RCI Hospitality Holdings Inc. earnings at a glance:

-Earnings (Q2): $4.06 Mln. vs. $4.60 Mln. last year. -Earnings Decline (Y-o-Y): -11.7% -EPS (Q2): $0.40 vs. $0.44 last year. -EPS Decline (Y-o-Y): -9.1% -Revenue (Q2): $34.40 Mln vs. $34.99 Mln last year. -Revenue Change (Y-o-Y): -1.7%