Churchill Downs (CHDN) Misses Q1 EPS by 32c, Sales Beat

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Go back to Churchill Downs (CHDN) Misses Q1 EPS by 32c, Sales Beat

Churchill Downs Incorporated Reports 2016 First Quarter Results

April 28, 2016 4:39 PM EDT

LOUISVILLE, 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 year

We 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