RTTNews | Dec 14, 2021 05:18PM EST

17:17 Tuesday, December 14, 2021 (RTTNews.com) - Shares of RCI Hospitality Holdings, Inc. (RICK) gained nearly 10% in extended session on Tuesday after the company posted a profit for the fourth quarter, as revenues nearly doubled.

RCI's net income for the fourth quarter was $2.3 million or $0.26 per share compared to net loss of $2.8 million or $0.31 per share last year.

Revenues for the quarter surged to $54.9 million from $28.8 million last year.

RICK closed Tuesday's trading at $62.76, up $0.87 or 1.41%, on the Nasdaq. The stock further gained $6.24 or 9.94% in the after-hours trading.

Read the original article on RTTNews ( https://www.rttnews.com/3249248/rci-hospitality-holdings-swings-to-q4-profit-shares-up-10.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved