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Stock impact report

Century Casinos, Inc. Announces First Quarter 2024 Results

Century Casinos, Inc. (CNTY) 
Last century casinos, inc. earnings: 3/13 06:00 am Check Earnings Report
Company Research Source: PR Newswire
Challenging Start to the Year but Maintain Positive Outlook for the Second Half of 2024 COLORADO SPRINGS, Colo., May 9, 2024 /PRNewswire/ -- Century Casinos, Inc. (the "Company", "we", "us", or "our") (Nasdaq Capital Market®: CNTY) today announced its financial results for the three months ended March 31, 2024.First Quarter 2024 Highlights*Compared to the three months ended March 31, 2023:Net operating revenue was $136.0 million, an increase of 25%.Earnings from operations were $8.3 million, a decrease of (55%).Net loss attributable to Century Casinos, Inc. shareholders was ($13.5) million, a change of (990%), and basic loss per share was ($0.45).Adjusted EBITDAR** was $21.3 million, a decrease of (18%)."We anticipated a challenging first quarter due to continuing construction disruptions and the closure of three of our casinos in Poland for some or all of the quarter. The quarter was further impacted by disruptions from severe weather at the majority of our US casinos. Cash payments Show less Read more
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