earnings
confidence high
sentiment positive
materiality 0.70
Century Casinos Q2 revenue $111.1M (+21% YoY); EPS $0.28 diluted
CENTURY CASINOS INC /CO/
2022-Q2 EPS reported
$0.29
revenue$214,224,000
- Net operating revenue $111.1M, up 21% from $92.2M in Q2 2021.
- Adjusted EBITDA $29.8M, up 18% from $25.2M; diluted EPS $0.28 vs $0.22.
- Canada revenue surged 186% to $19.0M after Alberta ended COVID restrictions.
- Closed 50% of Nugget Casino Resort PropCo for ~$95M; OpCo buy for $100M expected within a year.
- New $350M term loan with Goldman Sachs replaced Macquarie credit; $100M escrowed for OpCo.