secwatch.observer — SEC 8-K summary
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Issuer:     PENN Entertainment, Inc. (PENN)
CIK:        0000921738
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0000921738-25-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PENN Entertainment Q4 revenue $1.67B, net loss $134M; announces $350M share repurchase in 2025
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- Q4 total revenues $1,669M (up 20% YoY); net loss $133.8M vs $358.8M loss a year ago, improved.
- Property-level revenues $1.4B, Adjusted EBITDAR $461.2M (33.1% margin); Interactive rev $275.0M, Adj EBITDA loss $109.8M.
- Company plans to repurchase at least $350M of shares in 2025; total liquidity $1.7B including $706.6M cash.
- Diluted loss per share $(0.88) vs $(2.37) prior year; iCasino record quarterly gaming revenue up 60% YoY.
- New Hollywood Casino Joliet on track for Q4 2025 opening; parlay mix improved with SGP adoption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/921738/000092173825000005/0000921738-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/921738/000092173825000005/penn-20250227.htm
  HTML page:      https://secwatch.observer/filing/0000921738-25-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer