The Latest Breaking News from CPHC

While the entertainment sector benefits from rapid digitalization and advancements in VR/AR technologies, the industry could remain resilient in the face of macroeconomic headwinds thanks to robust demand. Therefore, investors could consider entertainment stocks PENN Entertainment (PENN), Century Casinos (CNTY), and Canterbury Park Holding (CPHC). Keep reading.

Canterbury Park Holding Corp (NASDAQ: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…