BFX Hospitality Group, Inc. Announces First Quarter Profit.Business Editors FORT WORTH, Texas--(BUSINESS WIRE)--Jan. 24, 2000 Robert Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. H. McLean McLean, city (1990 pop. 38,168), Fairfax co., N Va., a suburb of Washington, D.C. Manufacturing includes foods, satellite components, and computer and telecommunications equipment. , Chief Executive Officer of BFX BFX Bitware Fax Hospitality Group, Inc. (AMEX AMEX See: American Stock Exchange :BFX), announced today a net income of $78,000 or $.02 per share on revenues of $4,054,000 for its first quarter ended Dec. 31, 1999. For the same period last year, the net loss was $264,000, or $.06 per share on revenues of $3,773,000. In making the announcement, Mr. McLean stated, &uot;The improvement in our first quarter results over the prior year was related to solid performances by the Stockyards Hotel, H3 Ranch ranch, large farm devoted chiefly to raising and breeding cattle, horses, sheep, and goats. The cattle ranch was introduced from Latin America to Texas and the plains of the W United States and Canada. and Lucile's with a record performance by Cats Meow. In addition, pre-opening costs were incurred in the prior year relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the December 1998 opening of our third Cabo unit in Fort Worth, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. . Mr. McLean concluded, &uot;Our second quarter results should be significantly improved over the prior year. We will continue to work on maximizing the profitability of our current operations.&uot;
BFX HOSPITALITY GROUP, INC.
Earnings Summary
(In thousands, except per share amount)
Three Months Ended
December 31,
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1999 1998
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Net revenues $ 4,054 $ 3,773
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Net income (loss) $ 78 $ (264)
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Basic and diluted earnings per share:
Net income (loss) $ 0.02 $(0.06)
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