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Operator Welcome to the Century Casinos Q1 2021 Earnings Conference Call. [Operator Instructions] I would like to introduce our host for today's call, Mr. Peter Hoetzinger. Mr. Hoetzinger, you may begin. Peter Hoetzinger -- Vice Chairman of the Board, Co-Chief Executive Officer and President Hello. Good morning, everyone, and thank you for joining our earnings call. With me on the call are my Co-CEO and the Chairman of Century Casinos Erwin Haitzmann as well as our Chief Financial Officer, Margaret Stapleton. As always, before we begin, we would like to remind you that we will be discussing ...
Share this article Share this article COLORADO SPRINGS, Colo., May 7, 2021 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) today announced its financial results for the three months ended March 31, 2021. First Quarter 2021 Highlights* Net operating revenue was $72.4 million, a decrease of 17% from the three months ended March 31, 2020. Earnings from operations was $8.2 million, an increase of 126% from the three months ended March 31, 2020. Net loss attributable to Century Casinos, Inc. shareholders was ($1.4) million, a change of 97% from the three months ended March...
Century Casinos suffers decrease in revenue and profit loss in Q1 7th May 2021 | By Marese O'Hagan Century Casinos saw a decrease in first quarter revenue after Covid-19 kept its Canadian and Polish venues closed for much of the period. Net operating revenue for this quarter came to $72.4m, a decrease of 17.3% year-on-year. Century Casinos saw a 20% rise in revenue in its US locations to $64.3m, an increase of almost $11m compared to the first quarter of 2020. However, with its Canadian properties still shuttered as a result of the novel coronavirus (Covid-19) pandemic, revenue from that mar...
Century Casinos, Inc. Announces Fourth Quarter and Full Year 2020 Results Fourth Quarter 2020 Highlights* Net operating revenue was $84.8 million, an increase of 26% from the three months ended December 31, 2019. Earnings from operations were $18.7 million, an increase of 227% from the three months ended December 31, 2019. Net earnings attributable to Century Casinos, Inc. shareholders were $6.7 million, a change of 133% from the three months ended December 31, 2019. Adjusted EBITDA** was $18.3 million, an increase of 87% from the three months ended December 31, 2019. Basic earnings per s...