Noble Roman's, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 15, 2023 at 02:32 am IST
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Noble Roman's, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 3.74 million compared to USD 3.91 million a year ago. Net income was USD 0.154516 million compared to USD 0.003852 million a year ago. Basic earnings per share from continuing operations was USD 0.01. Diluted earnings per share from continuing operations was USD 0.01.
For the nine months, revenue was USD 11.04 million compared to USD 11.12 million a year ago. Net income was USD 1.35 million compared to net loss of USD 0.183105 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to basic loss per share from continuing operations of USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.06 compared to diluted loss per share from continuing operations of USD 0.01 a year ago.
Noble Roman's, Inc. sells and services franchises and licenses and operates Company-owned stand-alone restaurants and non-traditional foodservice operations under the trade names Noble Roman's Craft Pizza & Pub, Noble Romanâs Pizza, Noble Romanâs Take-N-Bake, and Tuscano's Italian Style Subs. The Noble Romanâs Craft Pizza & Pub provides a selection of over 40 different toppings, cheeses and sauces from which to choose. Beer and wine are also featured, with 16 different beers on tap, including both national and local craft selections. Its beer and wine service are provided at the bar and throughout the dining room. The Company owns and operates approximately nine Craft Pizza & Pub locations and one non-traditional location in a hospital. Craft Pizza & Pub is designed to have a fun, pleasant atmosphere serving pizza and other related menu items. The Companyâs subsidiaries include RH Roanoke, Inc. and Pizzaco, Inc.