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Jun 30, 2022
Century Casinos Q2 2022 Earnings Report
Century Casinos' Q2 2022 results were announced, revealing a significant increase in revenue and earnings compared to the same period last year.
Key Takeaways
Century Casinos reported a strong second quarter with record net operating revenue and Adjusted EBITDA, driven by improved performance in Canada following the removal of COVID-19 restrictions. The company also completed the first portion of its acquisition of the Nugget Casino Resort.
Net operating revenue increased by 21% to $111.1 million compared to Q2 2021.
Earnings from operations rose by 15% to $20.8 million year-over-year.
Net earnings attributable to Century Casinos shareholders increased by 29% to $8.9 million compared to Q2 2021.
Adjusted EBITDA increased by 18% to $29.8 million year-over-year.
Revenue by Geographic Location
Forward Guidance
The company did not provide specific forward guidance in this 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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