RICK - RCI Hospitality Non-GAAP EPS of $1.30 beats by $0.12 revenue of $71.52M beats by $1M

2023-05-10 16:18:13 ET

• RCI Hospitality press release ( NASDAQ: RICK ): Q2 Non-GAAP EPS of $1.30 beats by $0.12 .
• Revenue of $71.52M (+12.3% Y/Y) beats by $1M .
• Operating margin: 18.8% compared to 26.8% and 24.2% in 1Q23 (non-GAAP of 26.6% compared to 26.9% and 25.6% in 1Q23).
• Debt: $245.8 million at 3/31/23 compared to $211.2 million at 12/31/22. The increase primarily reflected $35.5 million in financing for the 5-club Baby Dolls-Chicas Locas acquisition, partially offset by regular paydowns of other debt.

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