Penn National Gaming (PENN) Q4 Revenues Beat; Announces $750M Buyback
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Penn National Gaming Reports Fourth Quarter Revenues of $1.6 Billion, Net Income of $44.8 Million, Adjusted EBITDAR of $480.5 Million, and Adjusted EBITDA of $369.0 Million
February 3, 2022 7:00 AM ESTRetail Operations Deliver Strong Results Through Sustainable Margin Improvement, Technology Upgrades and Growing Database
Interactive Segment Exceeded Expectations
Board of Directors Authorizes $750 Million Share Repurchase Program
Company Initiates 2022 Full Year Guidance
WYOMISSING, Pa.--(BUSINESS WIRE)-- Penn National Gaming, Inc. (NASDAQ: PENN) (Penn National or the Company) today reported financial results for the three months and year ended December 31, 2021.
2021 Fourth Quarter Financial Highlights:
Revenues of $1.6 billion, an increase of... More