earnings
confidence high
sentiment negative
materiality 0.85
Century Casinos Q4 net loss $64.9M, $43.7M impairment; revenue down 4%
CENTURY CASINOS INC /CO/
- Net loss Q4 $64.9M ($2.11/sh) vs $10.8M loss prior year; full-year loss $128.2M ($4.19/sh).
- Revenue Q4 $137.8M (-4% YoY); FY $575.9M (+5%).
- Adjusted EBITDAR Q4 $21.1M (-17%); FY $102.7M (-10%).
- Recorded $43.7M goodwill impairment at Nugget Casino Resort in Q4.
- Cash $98.8M (down 42% YoY); debt $339.6M; Master Lease obligation $701M.