The ONE Group Revenue Increased 146.7% in Q4 2024

Exec Edge

12 Mar

By Karen Roman

The ONE Group Hospitality, Inc. (Nasdaq: STKS) said fourth quarter revenue increased 146.7% to $221.9 million from $89.9 million and operating income rose 158.9% to $12.8 million from $4.9 million.

The company opened six new restaurants in 2024 and plans to open five to seven more in 2025, it declared.

The ONE Group expects revenue between $200 and $205 million for Q1 2025 and adjusted EBITDA from $24 to $26 million, the company said.

“We were pleased that annual revenue and adjusted EBITDA reached the higher end of our guided ranges,” said Emanuel “Manny” Hilario, the company’s President and CEO.

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Executives-Edge.com

Editor@executives-edge.com

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(Nasdaq: STKS) said fourth quarter revenue increased 146.7% to $221.9 million from $89.9 million and operating income rose 158.9% to $12.8 million from $...</p>\n\n<a href=\"https://finance.yahoo.com/news/one-group-revenue-increased-146-165008241.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"STKS","symbol_name":"The ONE Group Hospitality, Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/one-group-revenue-increased-146-165008241.html","article_id":"2518278847","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2518278847","pubTimestamp":1741711808,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The ONE Group Hospitality, Inc.  said fourth quarter revenue increased 146.7% to $221.9 million from $89.9 million and operating income rose 158.9% to $12.8 million from $4.9 million.The company opened six new restaurants in 2024 and plans to open five to seven more in 2025, it declared.The ONE Group expects revenue between $200 and $205 million for Q1 2025 and adjusted EBITDA from $24 to $26 million, the company said.“We were pleased that annual revenue and adjusted EBITDA reached the higher end of our guided ranges,” said Emanuel “Manny” Hilario, the company’s President and CEO.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"STKS":"The ONE Group Hospitality, Inc."},"translate_title":"One Group 2024年第四季度收入增长146.7%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"STKS":0.9},"content_text":"By Karen Roman\nThe ONE Group Hospitality, Inc. (Nasdaq: STKS) said fourth quarter revenue increased 146.7% to $221.9 million from $89.9 million and operating income rose 158.9% to $12.8 million from $4.9 million.\nThe company opened six new restaurants in 2024 and plans to open five to seven more in 2025, it declared.\nThe ONE Group expects revenue between $200 and $205 million for Q1 2025 and adjusted EBITDA from $24 to $26 million, the company said.\n“We were pleased that annual revenue and adjusted EBITDA reached the higher end of our guided ranges,” said Emanuel “Manny” Hilario, the company’s President and CEO.\nContact:\nExecutives-Edge.com\nEditor@executives-edge.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}