Chanticleer Holdings Inc. reported a third quarter loss of 4 cents per share, an improvement from a loss of 11 cents per share in the same quarter last year, according to a filing with the Securities and Exchange Commission.

The restaurant owner and operator reported positive EBITDA of $1.4 million compared to $900,000 in the same quarter last year.

Total revenue for the third quarter increased 18.3 percent to $11.0 million, primarily from growth in Chanticleer’s burger segment.

Chairman and chief executive officer Mike Pruitt said, “Revenue growth in the quarter was driven by continued strength from our fast casual better burger business which has grown to represent 52 percent of our revenue.”

“Little Big Burger is performing particularly well,” Pruitt said.

Cost of sales improved to 33.1 percent compared to 33.6 percent in the third quarter of last year, and operating expenses as a percentage of restaurant sales improved to 54.8 percent compared to 57.3 percent in the third quarter last year.

Chanticleer owns and operates restaurant brands in the United States and internationally. Chanticleer is a franchisee owner of Hooters restaurants in Australia, South Africa and Europe, and two Hooters restaurants in the United States. The company also owns and operates American Burger Co., BGR: The Burger Joint, and owns a majority interest in Just Fresh restaurants in the U.S.

“Looking ahead, we are now setting our sights on accelerating growth of our regional brands and doubling the scale of our business by 2020,” Pruitt said.

Shares of Chanticleer were trading at 47 cents on Wednesday, a 1.72 percent increase compared to the previous trading day.

The complete third-quarter earnings report and press release can be found here.