Nevada Gold & Casinos (UWN) Reports Q1 EPS of $0.11

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Nevada Gold & Casinos Reports First Quarter 2016 Financial Results

September 14, 2015 4:01 PM EDT

LAS VEGAS, Sept. 14, 2015 (GLOBE NEWSWIRE) -- Nevada Gold & Casinos, Inc. (NYSE: UWN) today announced financial results for the first quarter ended July 31, 2015.

For the first quarter of fiscal 2016, the company reported net revenues of $15.9 million compared to $15.9 million in the first quarter of fiscal 2015. Operating expenses were $15.2 million compared to $15.3 million in the prior year period. Operating income was $0.8 million compared to $0.6 million and income before taxes increased to $0.7 million from $0.5 million in the prior year period. Net income was $0.5 million, or $0.03 per share, compared to $0.4 million, or $0.02 per share, in the prior... More