Noodles & Co Reports Q4 Net Loss of $6.8 Million on $122.8M Revenue
NDLS sits 94% above its 52-week low of $3.57.
Summary
Noodles & Co announced its fourth-quarter financial results, reporting revenue of $122.8 million and adjusted EBITDA of $7.6 million. Critically, the company posted a net loss of $6.8 million for the quarter. While revenue figures are provided, the net loss is a significant negative indicator, especially for a company of this market capitalization. Traders will need to assess these figures against analyst expectations and prior performance once the full earnings report is released to understand the complete financial picture and any forward guidance.
At the time of this announcement, NDLS was trading at $6.92 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $35.5M. The 52-week trading range was $3.57 to $10.00. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.