Red Lion Hotels Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported total revenues of $48,531,000 as compared to $44,979,000 for the same period last year. Operating income was $2,235,000 as compared to $2,069,000 for the same period last year. Income from operations before taxes was $247,000 as compared to $656,000 for the same period last year. Net loss attributable to the company was $66,000 as compared to net income attributable to the company of $163,000 for the same period last year. Adjusted EBITDA was $7,069,000 as compared to $6,423,000 for the same period last year. Adjusted net income was $264,000 as compared to $865,000 for the same period last year. Adjusted net income per share was $0.01 as compared to $0.04 for the same period last year.

For the six months, the company reported total revenues of $88,491,000 as compared to $77,654,000 for the same period last year. Operating loss was $938,000 as compared to $2,450,000 for the same period last year. Loss from operations before taxes was $4,709,000 as compared to $5,106,000 for the same period last year. Net loss attributable to the company was $3,670,000 as compared to $4,636,000 for the same period last year. Adjusted EBITDA was $8,536,000 as compared to $5,753,000 for the same period last year. Adjusted net loss was $4,937,000 as compared to $4,827,000 for the same period last year. Adjusted net loss per share was $0.20 as compared to $0.24 for the same period last year. Diluted loss per share was $0.17 as compared to $0.23 for the same period last year. Net cash provided by operating activities was $1,907,000 as compared to $2,871,000 for the same period last year. Capital expenditures were $5,417,000 as compared to $19,638,000 for the same period last year.

For the full year of 2017, the company expects capital expenditures in the range of $11 million to $13 million, and adjusted EBITDA of $22 million to $23 million. The company EBITDA guidance from initial 2017 EBITDA estimate of $21 million to $23 million to $22 million with the $23 million.