Twin River Announces Preliminary Fourth Quarter And Full Year Results
Twin River Worldwide Holdings, Inc. (TRWH)
Last twin river worldwide holdings, inc. earnings: 3/3 08:00 am
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Source: PR Newswire
PROVIDENCE, R.I., Feb. 10, 2020 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) (the "Company", "Twin River" or "TRWH") announced preliminary estimates of operating results for the fourth quarter and full year ended December 31, 2019. Twin River expects to report its full 2019 results of operations in early March 2020. Twin River's preliminary estimates for the fourth quarter and full year ended December 31, 2019 and actual results for the comparable periods in 2018 are as follows:Quarter Ended December 31,Year Ended December 31, 2019201820192018(in millions)Estimated RangeActualEstimated RangeActualRevenue$129.4 - $131.4$111.4$522.6 - $524.6$437.5Net income$12.1 - $14.7$22.1$53.9 - $56.5$71.4Adjusted EBITDA(1)$38.6 - $41.6$37.0$165.5 - $168.5$165.7
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