Full House Resorts, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 08, 2023 at 04:09 pm EST
Share
Full House Resorts, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 52.8 million compared to USD 32.21 million a year ago. Revenue was USD 71.54 million compared to USD 41.39 million a year ago. Net income was USD 4.59 million compared to net loss of USD 3.58 million a year ago. Basic earnings per share from continuing operations was USD 0.13 compared to basic loss per share from continuing operations of USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.13 compared to diluted loss per share from continuing operations of USD 0.1 a year ago.
For the nine months, sales was USD 138.64 million compared to USD 95.37 million a year ago. Revenue was USD 181.03 million compared to USD 127.2 million a year ago. Net loss was USD 12.42 million compared to USD 7.82 million a year ago. Basic loss per share from continuing operations was USD 0.36 compared to USD 0.23 a year ago. Diluted loss per share from continuing operations was USD 0.36 compared to USD 0.23 a year ago.
Full House Resorts, Inc. owns, leases, develops and operates gaming facilities throughout the country. The Company operates seven casinos: six on real estate that it owns, or leases and one located within a hotel owned by a third party. The Company operates through three segments: Midwest & South, West, and Contracted Sports Wagering. The Midwest & South segment includes Silver Slipper Casino and Hotel, Rising Star Casino Resort and American Place. The West segment includes Grand Lodge, Stockmanâs Casino, Bronco Billyâs Casino and Hotel, and Chamonix Casino Hotel. The Contracted Sports Wagering segment consists of its on-site and online sports wagering skins in Colorado, Indiana, and Illinois. Its properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Chamonix Casino Hotel and Bronco Billyâs Casino and Hotel in Cripple Creek, Colorado; and Rising Star Casino Resort in Rising Sun, Indiana, among others.