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The latest update is out from Century Casinos ( (CNTY) ).
Century Casinos, Inc. reported its financial results for the fourth quarter and full year of 2024, highlighting a decrease in net operating revenue by 4% in Q4 compared to the previous year, and a significant net loss attributable to shareholders. The company opened a new land-based casino in Caruthersville, Missouri on November 1, 2024, which is expected to improve future financial performance. However, the company faced challenges due to macroeconomic factors affecting consumer spending and recorded a $43.7 million goodwill impairment at its Nugget Casino Resort, impacting its earnings and net loss for the year.
More about Century Casinos
Century Casinos, Inc. operates in the gaming and entertainment industry, focusing on developing and managing casino resorts and related hospitality services. The company is known for its land-based casinos and has a market focus on expanding its operations within the United States.
YTD Price Performance: -22.61%
Average Trading Volume: 60,132
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $73.64M
See more insights into CNTY stock on TipRanks’ Stock Analysis page.