Churchill Downs Incorporated Reports 2023 Fourth Quarter and Full Year Results
Churchill Downs rporated(CHDN) Newsfilter·2024-02-21 21:01
LOUISVILLE, Ky., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (NASDAQ:CHDN) (the "Company", "CDI") today reported business results for the quarter and full year ended December 31, 2023. Company Highlights Record 2023 net revenue of $2.5 billion, up 36% compared to $1.8 billion in the prior year.2023 net income of $417 million, down 5% compared to $439 million in the prior year.Record 2023 Adjusted EBITDA of $1.0 billion, up 34% compared to $0.8 billion in the prior year.We successfully ra ...