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Twin River Worldwide Holdings released financial results for the third quarter

On Thursday Twin River Worldwide Holdings (NYSE:TRWH) stock plunged -2.02% and closed at 24.28. The stock opened the session at $24.79 and touched its highest price point at $24.97. Its recent trading capacity is 146786 shares versus to its average trading volume of 177316 shares. The company’s stock’s lowest price point for the session stood at $24.25. TRWH traded as low as $ OTTW in the past 52 weeks, and shares hit its peak level to $33.98.

On Nov. 14, 2019, Twin River Worldwide Holdings (NYSE:TRWH) released financial results for the third quarter ended September 30, 2019.

Third Quarter 2019 Compared to Third Quarter 2018

  • Revenue increased 17.0% to $129.3 million
  • Dover Downs exceeded expectations with $25.9 million of revenue
  • Gross gaming revenue increased 13.6% to $206.1 million (1)
  • Net income of $7.0 million and adjusted EBITDA of $35.6 million (1) both represented decreases year-over-year.

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