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Hollywood Park Reports Profit For Second Quarter
PR Newswire
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July 24, 1997
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COPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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INGLEWOOD, Calif., July 24 /PRNewswire/ -- Hollywood Park, Inc., (Nasdaq: HPRK) today reported increased earnings for the second quarter, which ended June 30, of $5.1 million, or 27 cents a share, up from $4.8 million, or 25 cents a share, a year earlier.
The company reported revenues for the quarter of $46.3 million, compared with $46.4 million a year earlier. Income before interest, income taxes, depreciation, amortization and other non-recurring expenses ("adjusted EBITDA") was $12.4 million, compared with $11.6 million a year earlier.
For the six ...
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