Revenue Update on Century Casinos(NASDAQ:CNTY)

Century Casinos(NASDAQ:CNTY) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 5, 2016. Company reported revenue of $35.20M. Analysts estimated a revenue of $36.44M. Earnings per share were $0.09. Analysts had estimated an EPS of $0.13.

Century Casinos (CNTY) made into the market gainers list on Wednesdays trading session with the shares advancing 0.78% or 0.05 points. Due to strong positive momentum, the stock ended at $6.46, which is also near the day’s high of $6.49. The stock began the session at $6.45 and the volume stood at 37,869 shares. The 52-week high of the shares is $7.84 and the 52 week low is $5.34. The company has a current market capitalization of $158 M and it has 2,44,34,571 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jan 4, 2016, Gottfried Schellmann (director) sold 2,000 shares at $7.72 per share price.Also, On Dec 29, 2015, Dinah Corbaci (director) sold 5,000 shares at $6.93 per share price.On Dec 24, 2015, Erwin Et Al Haitzmann (Chairman of the Board/Co CEO) sold 13,650 shares at $7.13 per share price, according to the Form-4 filing with the securities and exchange commission.

Century Casinos Inc. is an international casino entertainment company. The Company develops and operates gaming establishments as well as related lodging restaurant and entertainment facilities around the world. Its segments include Century Casino & Hotel – Edmonton Century Casino Calgary Century Downs Racetrack and Casino Century Casino & Hotel – Central City Century Casino & Hotel – Cripple Creek Casinos Poland Cruise Ships & Other and Corporate Other. The Company owns casino operations in North America manages cruise ship-based casinos in international and Alaskan waters holds a majority ownership interest in nine casinos throughout Poland has a management contract to manage the casino in the Radisson Aruba Resort Casino & Spa and is engaged in the development of a racetrack and entertainment center (REC) in Canada.

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