Herbst shows significant gain in cash flow - 2003-03-18
Herbst Gaming Inc. revealed a jump in profit, cash flow and revenue in 2002 controlled by powerful performance at its locals casinos.
The company declared it earned $5.2 million in 2002 compared to a net loss of $12 million in 2001.
The company sees cash flow -- a key indicator of casino performance -- as earnings before non-recurring items, interest, taxes, depreciation and compensation.
Read the full story at Las Vegas Sun