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Sep 30, 2020
Century Casinos Q3 2020 Earnings Report
Announced record third quarter results driven by acquired US casinos.
Key Takeaways
Century Casinos reported record third-quarter results, with net operating revenue and Adjusted EBITDA reaching all-time highs, driven by the acquisition of the Eldorado properties and a focus on streamlining the cost structure.
Net operating revenue increased by 81% to $95.7 million compared to Q3 2019.
Earnings from operations increased by 331% to $15.0 million compared to Q3 2019.
Net earnings attributable to Century Casinos, Inc. shareholders increased by 678% to $3.7 million compared to Q3 2019.
Adjusted EBITDA increased by 213% to $22.2 million compared to Q3 2019.
Century Casinos
Century Casinos
Century Casinos Revenue by Geographic Location
Revenue by Geographic Location
United States Revenue
CapyFin.comCanada Revenue
CapyFin.comPoland Revenue
CapyFin.comCorporate and Other Revenue
CapyFin.com Forward Guidance
The COVID-19 pandemic is expected to negatively impact results for the remainder of 2020 and potentially into 2021, with the duration and ultimate impact remaining uncertain.
Revenue & Expenses
Visualization of income flow from segment revenue to net income