Churchill Downs (CHDN) Misses Q1 EPS by 32c, Sales Beat
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Churchill Downs Incorporated Reports 2016 First Quarter Results
April 28, 2016 4:39 PM EDTLOUISVILLE, Ky., April 28, 2016 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (NASDAQ: CHDN) (CDI or Company) today reported business results for the first quarter ended March 31, 2016.
First Quarter 2016 Highlights
Record net revenue of $288.4 million, up 15% over the prior yearRecord Adjusted EBITDA of $52.8 million, 6% higher than the prior yearWe delivered record net revenue and Adjusted EBITDA this quarter and are encouraged by the early 2016 results in each of our segments, says Bill Carstanjen, CDIs Chief Executive Officer. With a strong first quarter... More
