Vail Resorts to replace Sun Up lift at Vail

7th December, 2015 by

By scott miller

BROOMFIELD — As long as Vail has been a public company, it has reported losses in its first fiscal quarter, which runs from August through October. Those losses eased this year, due to skiing in Australia, pass sales and strong summer business. The company’s first-quarter earnings call, led by company CEO Rob Katz and Chief Financial Officer Michael Barkin, reported a loss of $46.5 million compared to a loss of $70.5 million for the same period last year. Those losses are based on earnings before interest, taxes, depreciation and amortization, also known as EBITDA.The lower first-quarter loss came amid other …

Source:: Vail Daily Feed