Canterbury Park Holding Corporation Reports Record Fourth Quarter 2019 Net Revenue Of $12.6 Million SHAKOPEE, Minn. , March 25, 2020 |PRNewswire| -- Canterbury Park Holding Corporation ("Canterbury Park" or "the Company") (NASDAQ: CPHC ) today reported financial results for the fourth quarter and full year ended December 31, 2019 . ($ in thousands, except per share data and percentages) Three Months Ended December 31, Twelve Months Ended December 31, Increase Increase 2019 2018 (Decrease) 2019 2018 (Decrease) Net revenues $12,602 $12,038 4.7% $59,227 $59,142 0.1% Adjusted EBITDA (1) 1,718 1,577 8.9% 6,366 7,940 (19.8%) Net income (2) $553 $2,371 (76.7%) $2,718 $5,718 (52.5%) Basic EPS (2) $0.12 $0.52 (76.9%) $0.59 $1.28 (53.9%) Diluted EPS (2) $0.12 $0.52 (76.9%) $0.59 $1.26 (53.2%) (1) Definitions, disclosures and reconciliations of non-GAAP financial information are included later in the release. (2) Net income for the three month and twelve-month periods ended December 31, 2018 include the benefit of a $2.2 million gain related to the transfer of land to the Doran Canterbury I joint venture that was accounted for as a reduction in operating expenses.