PENN commits to $350M buyback; Interactive sees Q4 2025 profitability

PENN Entertainment, Inc.

Interactive Q1 adjusted revenue $162M (+78% YoY); adjusted EBITDA improved $107M YoY.
Targets positive Interactive adjusted EBITDA by Q4 2025 with growth into 2026.
Plan to repurchase at least $350M of common stock in calendar 2025.
Board nominated two HG Vora director candidates (Hartnett, Ruisanchez); two incumbents stepping down.
Retail market share grew in 14 of 17 regional markets in Q1 2025; loyalty members >32M (+10% YoY).

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