Dover Motorsports (DVD) Reports Q2 EPS of $0.18 on Revenues of $25.8M

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Dover Motorsports, Inc. Reports Results for the Second Quarter of 2018

July 26, 2018 6:55 AM EDT

DOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) today reported results for the three months ended June 30, 2018.

The Company promoted a NASCAR triple-header and hosted the Firefly Music Festival in Dover during the second quarter of 2018 and 2017. The Company leases a portion of its facility to the promoter of Firefly, provides logistical assistance and handles certain concessions for which the Company retains a percentage of the gross sales.

Revenues for the second quarter of 2018 increased to $25,812,000 from $25,587,000 for the second quarter of 2017. The increase is primarily from the scheduled increase in... More