BFI - BurgerFi GAAP EPS of -$1.18 revenue of $45.2M
2023-03-22 07:44:19 ET
- BurgerFi press release ( NASDAQ: BFI ): Q4 GAAP EPS of -$1.18.
- Revenue of $45.2M (+28.8% Y/Y) beats by $0.3M .
- Adjusted EBITDA in the fourth quarter of 2022 was $2.6 million in both the fourth quarter of 2021 and 2022.
- Reaffirms 2023 Outlook:
- Annual revenues of $175-180 million vs consensus of $178.3M
- Low-single digit same-store sales growth for corporate-owned locations
- 15-20 new franchised restaurants, including 2-3 new Anthony's
- Adjusted EBITDA of $10-12 million
- Capital expenditures of approximately $1-2 million
For further details see:
BurgerFi GAAP EPS of -$1.18, revenue of $45.2M