Release date- 23022017 - SAINT LOUIS - Isle of Capri Casinos, Inc. (NASDAQ: ISLE) (the 'Company') today reported financial results for the third quarter ended January 22, 2017 and other Company-related news.
Fiscal 2017 Third Quarter Highlights
Diluted net income per share from continuing operations increased to $0.15 per share from $0.13 in the prior year quarter.
Adjusted EBITDA increased 5.5% year over year, led by strong results at our Black Hawk and Iowa properties.
Adjusted EBITDA margin improved 147 bps over the prior year quarter, to 22.4%, as a result of a strong focus on operational efficiency.
Consolidated Financial Results
The following table outlines the Company's financial results (dollars in millions, except per share data, unaudited):
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