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Stock impact report

Canterbury Park Holding Corporation Reports 2023 Fourth Quarter Results [Yahoo! Finance]

Canterbury Park Holding Corporation (CPHC) 
US:NASDAQ Investor Relations: canterburypark.com/investor-relations
Company Research Source: Yahoo! Finance
($ in thousands, except per share data and percentages) Three Months Ended December 31, Twelve Months Ended December 31, Change Change Net revenues Net income Adjusted EBITDA Basic EPS Diluted EPS Adjusted EBITDA, a non-GAAP measure, excludes certain items from net income, a GAAP measure. Non-GAAP financial measures are not intended to be considered in isolation from, a substitute for, or superior to GAAP results. Definitions, disclosures, and reconciliations of non-GAAP financial information are included later in the release. Net income and Adjusted EBITDA in the three- and twelve-month periods ended December 31, 2023, were impacted by professional fees related to long-term strategic growth initiatives totaling approximately $0.2 million and $1.2 million before income tax, respectively. Management Commentary “Our 2023 fourth quarter results, including net revenue of $12.5 million, net income of $1.4 million and adjusted EBITDA of $2.1 million, represented a Show less Read more
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