Twin River Worldwide Holdings, Inc (TRWH) Misses Q2 EPS by 4c, Revenues Miss

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Twin River Announces Second Quarter 2019 Results

August 12, 2019 7:00 AM EDT

PROVIDENCE, R.I., Aug. 12, 2019 /PRNewswire/ -- Twin River Worldwide Holdings, Inc. (NYSE: TRWH) (the "Company", "Twin River" or "TRWH") today reported financial results for the second quarter ended June 30, 2019.

Financial Highlights - Second Quarter 2019 Compared to Second Quarter 2018

Revenue increased 29.2% to $143.2 million Gross gaming revenue increased 26.5% to $228.0 million(1) Net income decreased 15.4% to $17.2 million Adjusted EBITDA increased 7.1% to $47.5 million Dover Downs contributed solid performance with $25.8 million of... More