Banking & Finance  March 15, 2019

Noodles posts income, revenue growth in Q4 2018

BROOMFIELD — Noodles & Co. (Nasdaq: NDLS) posted a 2018 fourth-quarter net income of $19,000, or zero cents per share, a significant improvement over the same period the year prior, when the company had a net loss of $487,000, or 1 cent per share. The company went from 41.1 million shares in the fourth quarter of 2017 to about 43 million for the fourth quarter of 2018.

Net revenue grew from $112.8 million in Q4 2017 to $113.2 million in Q4 2018, missing analyst expectations by $560,000.

In Q4 2018, Noodles had a $600,000 charge for…

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