Churchill Downs (CHDN) Tops Q1 EPS by 29c

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Churchill Downs Incorporated Reports 2024 First Quarter Results

April 24, 2024 4:02 PM EDT

LOUISVILLE, Ky., April 24, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN) (the "Company", "CDI", "we") today reported business results for the first quarter ended March 31, 2024.

Company Highlights

First quarter results: Record net revenue of $590.9 million, up 6% compared to the prior year quarter.Net income of $80.4 million, down 48% compared to the prior year quarter.Record Adjusted EBITDA of $242.5 million, up 9% compared to the prior year quarter. Delivered record first quarter revenue and Adjusted EBITDA... More