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Stock impact report

Codere Online Luxembourg SA (CDRO) Q3 2025 Earnings Call Highlights: Strong Growth in Key ... [Yahoo! Finance]

Codere Online Luxembourg, S.A. (CDRO) 
Company Research Source: Yahoo! Finance
For the complete transcript of the earnings call, please refer to the full earnings call transcript Positive Points Codere Online Luxembourg SA ( NASDAQ:CDRO ) reported a re-acceleration of net gaming revenue in the fourth quarter, with a 17% increase compared to the previous year. The company experienced a 29% growth in Mexico and a 14% growth in Spain, indicating strong performance in key markets. Codere Online Luxembourg SA ( NASDAQ:CDRO ) achieved a 26% increase in first-time depositors (FTDs) compared to the third quarter of the previous year. The company has authorized an increase in its share buyback plan from $5 million to $7.5 million, reflecting confidence in its business outlook. Adjusted EBITDA grew by 30% from business units, with a positive contribution from both the Spanish and Mexican markets. Negative Points Net gaming revenue was flat compared to the prior year due to unfavorable foreign exchange impacts and a low sports betting margin. The Mexican Show less Read more
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