secwatch.observer — SEC 8-K summary
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Issuer:     PENN Entertainment, Inc. (PENN)
CIK:        0000921738
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0000921738-26-000011
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PENN Q1 revenue up 6.4% to $1.78B, net loss $2.8M; Interactive EBITDA loss narrows
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- Q1 revenues $1.78B (+6.4% YoY); net loss of $2.8M vs net income $111.5M; diluted EPS ($0.02) vs $0.68.
- Consolidated Adj. EBITDA $265.8M (+53% YoY); Retail Adj. EBITDAR $471.4M on $1.4B revenue.
- Interactive Adj. EBITDA loss $10.8M, improved YoY; iCasino revenue +15% YoY with record quarterly revenue.
- Issued $600M 6.75% notes due 2031 to repay revolver; amended $1B revolver and $447M term loan.
- Expects Alberta iCasino/sports betting launch July 13, subject to regulatory approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/921738/000092173826000011/0000921738-26-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/921738/000092173826000011/penn-20260423.htm
  HTML page:      https://secwatch.observer/filing/0000921738-26-000011

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