Century Casinos Announces Results

Published: March 16, 2015 02:43 pm EDT

On Monday, March 16, Century Casinos, Inc. announced its financial results for the three months and year ended December 31, 2014.

In regard to 2014 highlights, the company stated the following:

  • Net operating revenue was $120.1 million, a 15% increase from the year ended December 31, 2013.

  • Adjusted EBITDA** was $12.9 million, a 1% increase from the year ended December 31, 2013.

  • Net earnings attributable to Century Casinos, Inc. shareholders were $1.2 million, an 80% decrease from the year ended December 31, 2013.

  • Earnings per share were $0.05.

  • Book value per share *** at December 31, 2014 was $4.86.

In regard to fourth-quarter 2014 highlights, the company stated the following:

  • Net operating revenue was $31.3 million, a 6% increase from the three months ended December 31, 2013.

  • Adjusted EBITDA** was $4.0 million, an 82% increase from the three months ended December 31, 2013.

  • Net losses attributable to Century Casinos, Inc. shareholders were $0.2 million, a 9% decrease from the three months ended December 31, 2013.

  • Losses per share were $0.01.

To view the Century Casinos, Inc. release in its entirety, click here.

(With files from Century Casinos, Inc.)

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