HOFV - Hall of Fame Resort & Entertainment  reports Q1 results

2023-05-15 16:42:20 ET

• Hall of Fame Resort & Entertainment press release ( NASDAQ: HOFV ): Q1
• Revenue of $3.1M.
• First quarter net loss attributable to shareholders was $19.6 million, compared to a net loss of $8.1 million in the same period in the prior year, primarily driven by increased operating expenses and net interest expense.
• First quarter adjusted EBITDA was a loss of $12.0 million, compared to a loss of $6.7 million in the same period in the prior year.
• The Company finished its fiscal quarter with a cash balance, including restricted cash and investments held maturity, of $47.0 million, compared to $50.5 million as of December 31, 2022.

For further details see: