Canterbury Park Holding Corporation Reports Second Quarter Results
Canterbury Park reported Q2 revenue of $16.2 million, up 3.2% year-over-year, driven by growth in Casino, Pari-mutuel, and Food & Beverage segments. Adjusted EBITDA increased 29.3% to $2.6 million, while the net loss narrowed to $148,000 despite a $419,000 impairment charge related to prior-year purse overpayments.
Key figures
- Revenue
- 16200000
- Revenue Yoy
- 3.2%
- Adj ebitda
- 2634000
- Cash balance
- 19000000
- Cash per share
- 11
- Tif receivables
- 20000000
- Adj ebitda growth
- 29.3%
- Impairment charge
- 419000
- Shares outstanding
- 5200000
AI analysis
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