Churchill Downs (CHDN) Tops Q1 EPS by 25c

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Churchill Downs Incorporated ReportsĀ 2019 First Quarter Results

April 24, 2019 4:37 PM EDT

LOUISVILLE, Ky., April 24, 2019 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) ("CDI" or the "Company") today reported business results for the first quarter ended March 31, 2019.

First Quarter 2019 Highlights

Net revenue of $265.4 million, a 40% increase over the prior year quarterNet income of $11.6 million, compared to $182.0 million in the prior year quarter Adjusted net income of $25.5 million, compared to $15.8 million in the prior year quarter Adjusted EBITDA of $74.6 million, a 52% increase over the prior year quarterCompleted the Presque... More