Canterbury Park Records 128% Revenue Growth In Q4

  • Canterbury Park Holding Corp CPHC reported fourth-quarter FY21 sales growth of 128% year-on-year, to $13.95 million, versus $6.12 million last year.
  • The operating margin was 64.7%, and operating income for the quarter was $9.03 million.
  • Adjusted EBITDA for the quarter was $3.4 million. The operating expenses decreased 27% Y/Y to $4.9 million.
  • EPS for the quarter was $1.37 versus $0.03 last year.
  • "As our top-line performance has rebounded, we've taken a measured approach to manage operating expenses, allowing us to maintain profitability and strong margins," said CEO Randy Sampson.
  • Price Action: CPHC shares are trading higher by 0.21% at $19.30 on the last check Monday.
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