NEW YORK (TheStreet) -- Noodles & Company (NDLS - Get Report) plunged in after-hours trading on Wednesday after the company reported second-quarter earnings that came up short of analysts' expectations.
Adjusted net income declined 7.5% year-over-year to $3.7 million, or 12 cents a share, from $4 million, or 13 cents a share. Revenue increased 11.5% year-over-year to $99.5 million from $89.2 million. The consensus estimate called for earnings of 15 cents a share on revenue of $102.9 million.
The company also expects flat comparable-restaurant sales growth and flat adjusted earnings per share growth for the full year.
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