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0 0.0136986301369863 0.0136986301369863 0.00575342465753427 0.0136986301369863 0 -0.0136986301369863 -0.0136986301369863
Stock impact report

Penn National Gaming Reports Second Quarter Results and Announces Name Change to PENN Entertainment

PENN Entertainment, Inc. (PENN) 
Last penn entertainment, inc. earnings: 2/6 07:00 am Check Earnings Report
Company Research Source: Business Wire
WYOMISSING, Pa.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) today reported financial results for the three and six months ended June 30, 2022.2022 Second Quarter Highlights:Database Growth Highlights the Value of Omni-Channel StrategySuccessful Migration to Our Proprietary Tech Stack in OntarioReiterating 2022 Full Year Revenue and Adjusted EBITDAR GuidanceRepurchased $167.0 million of Common Stock at an Average Price of $30.16 Under Share Repurchase AuthorizationRevenues of $1.6 billion, an increase of 5.2% year-over-year;Net income of $26.1 million and net income margin of 1.6%, as compared to net income of $198.7 million and net income margin of 12.9% in the prior year;Adjusted EBITDAR of $504.5 million, a decrease of 14.0% year-over-year;Adjusted EBITDA of $476.5 million, an increase of 1.4% year-over-year; andAdjusted EBITDAR margins of 31.0%, a decline of 694bps year-over-year.For further information, the Company has posted a presentat Show less Read more
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