Good Times Restaurants Inc. reported its fourth-quarter and fiscal year losses grew from last year.

But the chain updated its fiscal year projections, which appeared to cheer investors.

The Lakewood hamburger chain reported a fourth-quarter loss of $664,000, or a loss of 5 cents per share, compared with a loss of $71,000, or a loss of 1 cent per share a year earlier.

Revenues in the quarter rose to $22.6 million from $17.2 million in 2016.

Read more at the Denver Business Journal: