PINNACLE ENTERTAINMENT SECOND QUARTER RESULTS IN LINE

July 25, 2001 8:35 PM
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For the three months ended June 30, 2001, Pinnacles revenues were $131.6 million as compared to $112.3 million in the second quarter of 2000.

Earings before EBITDA (earnings before interests, taxes, depreciation, amoritzation and non-recuring items) were $14.1 million for the second quarter of 2001, verseus EBITA of $26.1 million a year ago.

The net loss for the second quarter was $5.3 million, or $.20 per diluted share, compared with net income of $3.4 milion, or $.12 per diluted share for the same period of 2000.