Good Times Restaurants Inc. reported earnings results for the third quarter and nine months ended June 27, 2023. For the third quarter, the company reported revenue was USD 35.62 million compared to USD 36.5 million a year ago. Net income was USD 0.842 million compared to USD 0.469 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to USD 0.04 a year ago.
For the nine months, revenue was USD 103.8 million compared to USD 103.01 million a year ago. Net income was USD 11.34 million compared to net loss of USD 1.35 million a year ago. Basic earnings per share from continuing operations was USD 0.96 compared to basic loss per share from continuing operations of USD 0.11 a year ago. Diluted earnings per share from continuing operations was USD 0.95 compared to diluted loss per share from continuing operations of USD 0.11 a year ago.