Q1 revenue up 5% to $108.5M but net loss widens to $1.2M on interest costs

CENTURY CASINOS INC /CO/

2023-Q1 EPS reported -$0.04 revenue$108,508,000

Net loss attributable to shareholders of ($1.2M) vs $0.2M profit in prior year; loss per share ($0.04).
Adjusted EBITDA $26.1M (+9% YoY); earnings from operations $18.4M (+41%).
Interest expense rose $6.8M to $17.5M on $176.9M additional debt from $100M OpCo escrow.
Nugget Casino Resort acquisition closed April 3, 2023 for $100M, funded from escrow; integration underway.
Book value per share $4.70 at March 31, 2023; cash and equivalents $102.7M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

CENTURY CASINOS INC /CO/ reported the three months ended March 31, 2023 results: revenue $108.5 million, net income ($1.2) million, EPS ($0.04).

Period: the three months ended March 31, 2023
Revenue: $108.5 million
Net income: ($1.2) million
EPS: ($0.04)
Result: reported results

Exact text from the filing

financial results for the three months ended March 31, 2023 . First Quarter 202 3 Highlights* Compared to the three months ended March 31, 2022: · Net operating revenue was $108.5 million, an increase of 5%. · Earnings from operations were $18.4 million, an increase of 41%. · Net loss attributable to Century Casinos, Inc. shareholders was ($1.2) million, a

View on SEC.gov

20 earnings releases filed in the last 30 days. Browse all earnings releases →

CENTURY CASINOS INC /CO/ filing history →

Source: SEC EDGAR

accession 0000911147-23-000040

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.