earnings
confidence high
sentiment negative
materiality 0.80
Century Casinos Q3 net loss widens to $10.5M; goodwill impairment restatement pending
CENTURY CASINOS INC /CO/
2025-Q3 EPS
reported -$1.43
vs consensus -$0.19
▼ miss
(-637.9%)
- Net loss of $10.5M ($0.35/sh) vs $8.1M loss a year ago; revenue down 1% to $153.7M.
- Adjusted EBITDAR fell 6% to $31.1M; US West & Poland weakness offset East/Midwest growth.
- Restating 2024 FY and Q1/Q2 2025 due to material error in Rocky Gap goodwill impairment calculation.
- Partnered with BetMGM for Missouri online/mobile sports betting; launch expected Dec 1, 2025.
- Cash $77.7M, debt $338.7M; Goldman credit facility leverage covenant not met but no outstanding revolver.