PENN Entertainment Inc

PENN: XNAS (USA)
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Penn Entertainment Earnings: Shares Sparked by Interactive Results and Retail Segment Tailwinds

Penn's fourth-quarter revenue increased 8%, driven by 45% growth in the interactive business. Consolidated EBITDA margins increased 260 basis points to 12.5%, as interactive improved to a $40 million loss from a $110 million loss a year ago, on sales lift and a 20% decrease in marketing expense.

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