HOFV - Hall of Fame Resort & Entertainment reports Q3 results

• Hall of Fame Resort & Entertainment press release ( NASDAQ: HOFV ): Q3 Revenue of $8.7M.
• Q3 net loss attributable to shareholders was $11.1 million, compared to net income of $8.1 million in the prior year period.
• Q3 adjusted EBITDA was a loss of $7.4 million, compared to a loss of $7.3 million in the same period of the prior year.
• The company finished its fiscal quarter with a cash balance, including restricted cash, of $32.6 million, compared to $17.8 million as of June 30, 2022.
• The increased cash balance was due to proceeds from construction-related financing, partially offset by increased capital expenditures related to construction activities.

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