Churchill Downs (CHDN) Tops Q2 EPS by 2c

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Churchill Downs Incorporated Reports 2020 Second Quarter Results

July 29, 2020 4:30 PM EDT

LOUISVILLE, Ky., July 29, 2020 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) ("CDI" or the "Company") today reported business results for the second quarter ended June 30, 2020.

Second Quarter 2020 Highlights/Update on Operations

Net revenue of $185.1 million, down 61% over the prior year quarterNet loss(a) of $118.8 million compared to net income(a) of $107.1 million in the prior year quarter Adjusted net loss of $21.1 million, compared to adjusted net income of $115.0 million in the prior year quarter Adjusted EBITDA of $30.1 million,... More