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Mar 31, 2022
Century Casinos Q1 2022 Earnings Report
Century Casinos' first quarter results were announced, showing significant revenue growth and increased profitability.
Key Takeaways
Century Casinos reported a strong first quarter with a 42% increase in net operating revenue, a 58% increase in earnings from operations, and a 115% increase in net earnings attributable to shareholders. The company also completed the first portion of its acquisition of the Nugget Casino Resort.
Net operating revenue increased by 42% to $103.1 million compared to Q1 2021.
Earnings from operations rose by 58% to $13.0 million year-over-year.
Net earnings attributable to Century Casinos shareholders increased by 115% to $0.2 million.
Adjusted EBITDA increased by 62% to $23.8 million compared to the same period last year.
Revenue by Geographic Location
Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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