Century Casinos (CNTY) Misses Q2 EPS by 4c

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Century Casinos, Inc. Announces Second Quarter 2016 Results

August 5, 2016 6:00 AM EDT

COLORADO SPRINGS, Colo., Aug. 5, 2016 /PRNewswire/ -- Century Casinos, Inc. (NASDAQ Capital Market®: CNTY) today announced its financial results for the three and six months ended June 30, 2016.

Second Quarter 2016 Highlights*

Net operating revenue was $35.2 million, a 7% decrease from the three months ended June 30, 2015. Earnings from operations were $4.5 million, a 42% decrease from the three months ended June 30, 2015. Net earnings attributable to Century Casinos, Inc. shareholders were $2.2 million, a 66% decrease from the three months ended June 30, 2015. Adjusted EBITDA** was $6.9 million, a 1% increase from the three months... More