Century Casinos, Inc. Announces Second Quarter 2024 Results
Century Casinos, Inc. (CNTY)
Last century casinos, inc. earnings: 3/13 06:00 am
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US:NASDAQ Investor Relations:
cnty.com/corporate/investor-relations/ir-policy-team
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Source: PR Newswire
Challenging First Half of the Year but Maintain Positive Outlook COLORADO SPRINGS, Colo., Aug. 8, 2024 /PRNewswire/ -- Century Casinos, Inc. (the "Company", "we", "us", or "our") (Nasdaq Capital Market®: CNTY) today announced its financial results for the three and six months ended June 30, 2024.Second Quarter 2024 Highlights*Compared to the three months ended June 30, 2023:Net operating revenue was $146.4 million, an increase of 7%.Earnings from operations were $14.3 million, a decrease of (23%).Net loss attributable to Century Casinos, Inc. shareholders was ($41.6) million and basic loss per share was ($1.36).Adjusted EBITDAR** was $27.4 million, a decrease of (6%)."Results for the second quarter of 2024 were impacted by a valuation allowance on our US deferred tax assets, a disappointing performance at the Nugget Casino Resort as well as temporary closures of two casinos in Poland. The Nugget has undergone a leadership change and is implementing right-sizing and cost-cutting initia
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News
- Earnings Update: Here's Why Analysts Just Lifted Their Century Casinos, Inc. (NASDAQ:CNTY) Price Target To US$5.00 [Yahoo! Finance]Yahoo! Finance
- Century Casinos, Inc. (NASDAQ: CNTY) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Century Casinos, Inc. (NASDAQ: CNTY) had its price target raised by analysts at Stifel Nicolaus from $4.00 to $5.00. They now have a "buy" rating on the stock.MarketBeat
- Century Casinos, Inc. (NASDAQ: CNTY) was upgraded by analysts at JMP Securities from a "market perform" rating to an "outperform" rating. They now have a $5.00 price target on the stock.MarketBeat
- Century Casinos Third Quarter 2024 Earnings: In Line With Expectations [Yahoo! Finance]Yahoo! Finance
CNTY
Earnings
- 11/4/24 - Beat
CNTY
Sec Filings
- 11/12/24 - Form SC
- 11/4/24 - Form SC
- 11/4/24 - Form 8-K
- CNTY's page on the SEC website