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Stock impact report

Churchill Downs Incorporated Reports 2020 First Quarter Results

Churchill Downs, Incorporated (CHDN) 
Last churchill downs, incorporated earnings: 4/29 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.churchilldownsincorporated.com
Company Research Source: GlobeNewswire
LOUISVILLE, Ky., April 29, 2020 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) ("CDI" or the "Company") today reported business results for the first quarter ended March 31, 2020. First Quarter 2020 Highlights Net revenue of $252.9 million, down 5% over the prior year quarterNet loss attributable to CDI of $23.4 million compared to net income attributable to CDI of $11.6 million in the prior year quarter Adjusted net income of $2.0 million, compared to $25.5 million in the prior year quarter Adjusted EBITDA of $55.3 million, down 26% compared to $74.6 million in the prior year quarterStrong performance from TwinSpires with handle growth of 8.3% over the prior year quarterThe Company has taken steps to address the ongoing adverse impact of the coronavirus (COVID-19) pandemic on our business, employees, customers, shareholders and the local communities in which we operate CONSOLIDATED RESULTSFirst Quarter(in millions, except per share data)2020 2019    Net re Show less Read more
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