International Speedway Corporation Announces Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended May 31, 2019; Reports Impairments Losses on Retirements of Long Lived Assets for the Second Quarter Ended on May 31, 2019
For the six months, the company reported revenues of $318,635,000 compared to $320,554,000 a year ago. Operating income was $41,032,000 compared to $49,751,000 a year ago. Net income was $36,628,000 compared to $186,016,000 a year ago. Basic earnings per share were $0.84 compared to $4.21 per share a year ago.
For the second quarter, the company reported impairments losses on retirements of long lived assets of $640,000 against $195,000 a year ago.