Churchill Downs reports record third-quarter revenue of $696m
Churchill Downs said third-quarter revenue reached a record $696 million, up $13 million or 2% year on year. Adjusted EBITDA was a record $264 million, while net income reached a record $80 million; the company also announced a new $750 million share repurchase programme.
The results report records across revenue, adjusted EBITDA and net income, alongside a new share repurchase authorisation.
Cite as: SectorWire, “Churchill Downs reports record third-quarter revenue of $696m”, https://sectorwire.news/item/churchill-downs-reports-record-third-quarter-revenue-of-696m/