HARRAH’S POSTS RECORD 2Q REVENUES

July 18, 2001 8:39 PM
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Harrah’s Entertainment today reported record second-quarter revenues of $914 million, up 4.3% from the revenues in the second quarter last year.

Adjusted earnings per share reached 49 cents, up 22% from the second quarter of 2000.

Harrah’s second quarter EBITDA (earnings before interest, taxes, depreciation and amortization) set a new record at $234.7 million, up 1.3% from a year ago.