Nevada Gold & Casinos (UWN) Reports Q1 EPS of $0.02

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Nevada Gold & Casinos Reports Profit and Revenue Increase for First Quarter 2015 Financial Results

September 15, 2014 4:15 PM EDT

Net Income for Quarter Increases to $354,029 Adjusted EBITDA Increases to $1.2 Million Compared to $0.6 Million for Q1 in the Prior Year

LAS VEGAS, Sept. 15, 2014 (GLOBE NEWSWIRE) -- Nevada Gold & Casinos, Inc. (NYSE MKT: UWN) today announced financial results for the first quarter ended July 31, 2014.

For the first quarter of fiscal 2015, the company reported net revenues of $15.9 million compared to $15.7 million in the first quarter of fiscal 2014. Operating expenses were $15.3 million compared to $15.7 million in the prior-year period. Operating income was $0.6 million compared to $23,000. Income before taxes... More