Isle of Capris Casinos, Inc. (ISLE) Comments on First Quarter Earnings and Property Closure Due to Hurricane
Isle of Capris Casinos, Inc. (NASD: ISLE), a gaming and entertainment company that operates 18 casino properties, recently reported its financial results for the first quarter of fiscal year 2009 ended July 27, 2008. The company’s first quarter net revenues increased by $3.8 million, a 1.4 percent year-over-year gain, which improved the quarterly net loss to $3.6 million from $7.1 million during the first quarter of fiscal 2008. Earnings per share improved from a loss of $0.23 per share to a loss of $0.12 per share. The chief financial officer of Isle of Capris Casinos, Dale R. Black, recently commented…