Vail Resorts posts second consecutive quarterly loss
Denver Business Journal
Vail Resorts Inc. Tuesday posted a wider loss for the second consecutive quarter, with the Colorado ski resort and hotel operator attributing a slide in revenue to the timing of real-estate closings.
Broomfield-based Vail Resorts (NYSE: MTN) reported results for the three months ending Oct. 31, which the company regards as its first quarter.
It cited a quarterly net loss attributable to the company of $41.2 million, or $1.14 a share, versus a $34.5 million loss, or 93 cents a share, a year earlier.