Banking & Finance  September 28, 2018

Vail Resorts reports quarterly losses

BROOMFIELD — Broomfield-based Vail Resorts Inc. (NYSE:  MTN) posted losses of nearly $83.7 million, or $2.07 per share, in the fourth quarter of fiscal year 2018.

Those losses are up from about $57.1 million during the same quarter last year.

Revenues for the ski resort operator in the fourth quarter, which ended July 31, were $211.6 million.

In a conference call with investors Friday, Vail Resorts CEO Rob Katz cited “very challenging conditions in the western U.S. this past winter.”

Despite those conditions, “This year’s results highlight the positive impact…

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