Kona Grill boasts revenues of $14.8 million

SCOTTSDALE Ariz. Kona Grill Inc., the growth-minded operator of 14 namesake casual-dining grill and sushi restaurants, posted a fourth-quarter net loss of $1.1 million, or 19 cents per share, versus a profit of $52,000, or 1 cent per share, in the year-earlier quarter. Revenues for the three months ended Dec. 31 increased 41.8 percent to $14.8 million, driven by the opening of two new restaurants during the quarter and three additional new units earlier in the year.

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