Rick's Cabaret International, Inc. Reports Q1 EPS of $0.21 vs. $0.14

Rick's Cabaret International, Inc.

today reported net income of $2.1 million for the period ending December 31, 2010, compared with $783,000 in the same period last year, a 165 percent increase. Net income per fully diluted share for the quarter was 21 cents, compared with 8 cents in the previous year. The company had revenues of $20.9 million in its first quarter, compared with $20 million for the same period last year.