Gaylord Entertainment Reports First Quarter 2000 Financial Results.

Business Wire (April 27, 2000)


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Extract:

Gaylord Entertainment Reports First Quarter 2000 Financial Results.

Business Editors

NASHVILLE, Tenn.--(BUSINESS WIRE)--April 27, 2000

Gaylord Entertainment Company (NYSE: GET) today announced a net loss for the first quarter ended March 31, of $15.0 million, or $0.45 per diluted share, compared with a net loss for the first quarter of 1999, excluding nonrecurring items, of $4.6 million, or $0.14 per diluted share.

Results for the prior year period include a nonrecurring gain of $84.4 million, net of taxes, resulting from the collection of proceeds from certain equity participation rights during the quar...



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