Caesars Q4 2019 Earnings Report
Key Takeaways
Eldorado Resorts reported a net revenue of $592.1 million for Q4 2019, a decrease of 11.9% on a GAAP basis. The operating income was $58.9 million, a decrease of 32.1% on a GAAP basis, with a net loss of $13.2 million. Adjusted EBITDA on a same-store basis was $146.2 million, up 0.4% year over year.
Net revenue was $592.1 million, down 11.9% on a GAAP basis.
Operating income was $58.9 million, down 32.1% on a GAAP basis, with a net loss of $13.2 million.
Adjusted EBITDA on a same-store basis increased 0.4% year over year to $146.2 million.
Debt was reduced by $388 million in Q4 and by more than $700 million in 2019.
Caesars
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Caesars Revenue by Segment
Forward Guidance
Eldorado is focused on integrating with Caesars Entertainment and driving top and bottom line performance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income