trending Market Intelligence /marketintelligence/en/news-insights/trending/HAaomEwK83WpEIt0KFCprw2 content esgSubNav
In This List

Canterbury Park Holding Q1 profit falls YOY

Case Study

Broad Environmental Data Guides an Insurer’s Journey to Net Zero


Broadcast deal market recap, Q2'22


Japan M&A By the Numbers: Q1 2022


Next in Tech | Episode 77: Language in Tech

Canterbury Park Holding Q1 profit falls YOY

Canterbury Park Holding Corp. said its first-quarter normalized net income amounted to 10 cents per share, a decrease from 10 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $414,330, a decrease from $433,420 in the year-earlier period.

The normalized profit margin dropped to 4.2% from 4.6% in the year-earlier period.

Total revenue increased 5.6% year over year to $10.0 million from $9.4 million, and total operating expenses rose 6.4% on an annual basis to $9.3 million from $8.7 million.

Reported net income fell 9.6% from the prior-year period to $379,430, or 9 cents per share, from $419,890, or 10 cents per share.