BROOMFIELD, Colo. (AP) _ Noodles & Co. (NDLS) on Thursday reported a loss of $2 million in its first quarter.
On a per-share basis, the Broomfield, Colorado-based company said it had a loss of 4 cents. Losses, adjusted for non-recurring costs, came to 2 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.
The restaurant chain posted revenue of $109.6 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $104.4 million.
Noodles & Co. shares have risen 42% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.18, a rise of 76% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NDLS at https://www.zacks.com/ap/NDLS
