Poydras Gaming Finance Corp. Reports Earnings Results for the First Quarter Ended of March 31, 2017
Poydras Gaming Finance Corp. reported earnings results for the first quarter ended of March 31, 2017. For the quarter, the company’s revenue increased 13% to $4.2 million from $3.7 million in first quarter of 2016, and 3% from $4.0 million in fourth quarter of 2016. Adjusted EBITDA was $2,444,522 against of $2,575,873 for the same period a year ago. Net loss was $1,167,084 compared to net income of $341,262 a year ago.