Ignite Restaurant Group, Inc. (IRG) posted fourth-quarter net loss of $7.6 million or $0.30 per share, wider than $1.0 million or $0.05 per share in the comparable quarter last year.
Adjusted net loss for the latest fourth quarter was $3.9 million or $0.15 per share. On average, six analysts polled by Thomson Reuters expected the company to report a loss of $0.14 per share. Analysts' estimates typically exclude special items.
Revenues for the quarter were $112.60 million, compared to $101.39 million in the year-ago period, while six analysts estimated revenues of $112.51 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.