ISC profits decline for Q2, Affirms Full-Year Guidance

Ticket and concession revenue is down, but ISC tracks are raking in huge money from the NASCAR TV contract

ISC today reported Q2 financial results met expectations and reaffirmed its outlook for FY '17. Total revenues for the quarter ending May 31 were $165.3M, compared to $167.6M in Q2 '16.

Operating income was $18.4M, down from $23.7M in the year-ago period. One of the factors in ISC's quarterly numbers was a reduction in depreciation expense at Hollywood Casino at Kansas Speedway. Net income of $13.2M was down from $21.9M in Q2 '16. ISC

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