Red Robin Gourmet Burgers, Inc. rose 11.17% in premarket trading, with the company reporting a significant turnaround in its second-quarter earnings. The company reported revenue of USD 283.7 million, a slight decrease from the previous year, but a net income of USD 3.99 million compared to a net loss of USD 9.49 million a year ago. The earnings per share also showed a positive trend, with basic earnings per share from continuing operations at USD 0.22 compared to a basic loss per share of USD 0.61 a year ago.
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