Drive Shack Inc. Releases Fourth Quarter and Full-Year 2023 Financial Results

Rhea-AI Summary

Drive Shack (OTC: DSHK) released its fourth quarter and full-year 2023 financial results. The company, a leader in golf-related leisure and entertainment, reported financial outcomes for the three and twelve months ending December 31, 2023. The results are available on their investor relations website and OTC landing page. Key businesses include American Golf, Drive Shack, and Puttery. For further details, the annual report can be accessed via links provided in the press release.

Positive

• Drive Shack continues to be a leading owner and operator in the golf-related leisure and entertainment sector, which may attract investor interest.
• The company maintains a diversified portfolio including American Golf, Drive Shack, and Puttery, potentially mitigating business risks.

Negative

• The press release does not provide concrete financial data, such as earnings, revenue, or EPS, which may be seen as a lack of transparency by investors.
• No specific guidance or future projections are mentioned, leaving investors uncertain about the company's future performance.

DALLAS--(BUSINESS WIRE)-- Drive Shack Inc. (OTC: DSHK) (the “Company”) announced today that it has released its financial results for the three and twelve months ended December 31, 2023. The results are available through the Company’s annual report for the 2023 fiscal year, available on the Company’s OTC landing page, www.otcmarkets.com/stock/DSHK, and on the Company’s investor relations website, https://ir.driveshack.com.

Drive Shack Inc. is a leading owner and operator of golf-related leisure and entertainment businesses focused on bringing people together through competitive socializing. Today, our portfolio consists of American Golf, Drive Shack and Puttery. Current financial disclosure for the Company is available on www.otcmarkets.com/stock/DSHK and at https://ir.driveshack.com/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240531261247/en/

Investor Relations

Tony Hsu

Interim Chief Financial Officer

Drive Shack Inc.

finance@driveshack.com

Source: Drive Shack Inc.

FAQ

What financial results did Drive Shack Inc. (DSHK) release for the fourth quarter and full-year 2023?

Drive Shack Inc. released financial results for the three and twelve months ending December 31, 2023, available on their OTC landing page and investor relations website.

Where can I find Drive Shack Inc.'s annual report for the 2023 fiscal year?

The annual report for 2023 is available on Drive Shack Inc.'s OTC landing page and investor relations website.

What businesses are included in Drive Shack Inc.'s portfolio?

Drive Shack Inc.'s portfolio includes American Golf, Drive Shack, and Puttery.

How can I access Drive Shack Inc.'s current financial disclosures?

Current financial disclosures for Drive Shack Inc. are available at www.otcmarkets.com/stock/DSHK and https://ir.driveshack.com.