Dover Motorsports (DVD) Reports Q1 Loss of $0.09
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Dover Motorsports, Inc. Reports Results for the First Quarter Ended March 31, 2021
April 29, 2021 6:55 AM EDTDOVER, Del.--(BUSINESS WIRE)-- Dover Motorsports, Inc. (NYSE: DVD) today reported its results for the three months ended March 31, 2021.
The Company historically reports a loss in the first quarter due to the seasonality of our motorsports business. No major events were promoted during the first quarter of 2021 or 2020; therefore, our revenues were minimal.
Operating and marketing expenses increased to $1,596,000 in the first quarter of 2021 from $988,000 in the first quarter of 2020, primarily from increased and earlier advertising expense. This years NASCAR weekends are scheduled for May and June whereas... More
