Gamehost (TSE:GH) has released an update.
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Gamehost Inc. has reported a slight downturn in their second quarter financial results for 2024, with operating revenue and EBITDA experiencing declines, amidst challenges including a wildfire threat that impacted casino operations. However, the company has actively managed its finances by repurchasing shares and reducing debt, while maintaining its current dividend. In the face of economic slowdown and Bank of Canada’s rate cuts, Gamehost remains focused on cost management and investment in high return areas.
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