Century Casinos Q4 preliminary revenue $140-145M; net loss widens to $(10)-$(14)M

CENTURY CASINOS INC /CO/

2023-FY EPS reported -$0.93 revenue$550,206,000

Preliminary Q4 2023 net operating revenue $140M-$145M (Q4 2022: $104M); net loss attributable to shareholders $(10)M-$(14)M (Q4 2022: $(4)M).
Adjusted EBITDAR estimated $24M-$26M (Q4 2022: $22M); cash $171M (Dec 2022: $102M).
Company to buy back $3.5M of Goldman term loan at 97% of debt cost, expected Feb 2024.
Poland: casino licenses regained; Bielsko-Biala reopening end Feb 2024, Katowice mid-March 2024, Wroclaw new location mid-2024.
Missouri projects on track: Cape Girardeau hotel (The Riverview) opens April 2024; Caruthersville land-based casino/hotel by end 2024 financed by VICI.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CENTURY CASINOS INC /CO/ reported fiscal fourth quarter ended December 31, 2023 results: revenue $140 million - $145 million, net income ($10) million – ($14) million.

Period: fiscal fourth quarter ended December 31, 2023
Revenue: $140 million - $145 million
Net income: ($10) million – ($14) million
Result: preliminary results

Exact text from the filing

s are: · Approximately $171 million in cash and cash equivalents as of December 31, 2023 (compared to $102 million at December 2022) ; · Approximately $14 0 million - $145 million in net operating revenue (compared to $104 million in fourth quarter 2022) ; · Approximately ( $ 10 ) million – ( $ 1 4 ) million in net loss attributable to Century Casinos,

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Source: SEC EDGAR

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