Canterbury Park Records 128% Revenue Growth In Q4

Canterbury Park Holding Corp CPHC reported fourth-quarter FY21 sales growth of 128% year-on-year, to $13.95 million, versus $6.12 million last year.
The operating margin was 64.7%, and operating income for the quarter was $9.03 million.
Adjusted EBITDA for the quarter was $3.4 million. The operating expenses decreased 27% Y/Y to $4.9 million.
EPS for the quarter was $1.37 versus $0.03 last year.
"As our top-line performance has rebounded, we've taken a measured approach to manage operating expenses, allowing us to maintain profitability and strong margins," said CEO Randy Sampson.
Price Action: CPHC shares are trading higher by 0.21% at $19.30 on the last check Monday.