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Market News

BRIEF-One Group Hospitality Q1 GAAP Earnings Per Share $0.01

May 15 (Reuters) - One Group Hospitality Inc:

* THE ONE GROUP REPORTS FIRST QUARTER 2018 RESULTS

* Q1 REVENUE $19.5 MILLION VERSUS $20.4 MILLION

* Q1 SAME STORE SALES ROSE 7.3 PERCENT

* SEES FY 2018 REVENUE $80 MILLION TO $85 MILLION

* Q1 GAAP EARNINGS PER SHARE $0.01

* SEES FOR 2018 COMPARABLE SALES GROWTH OF ABOUT 2% TO 3%

* SEES FOR 2018 ADJUSTED EBITDA BETWEEN $9 MILLION AND $10 MILLION

* SEES FOR 2018: TOTAL CAPITAL EXPENDITURES OF APPROXIMATELY $3 MILLION

* REITERATING LONG-TERM GROWTH TARGETS FOR COMPARABLE SALES GROWTH Source text for Eikon: Further company coverage:

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