International Speedway 3Q revenue up, income down
October 9, 2007
Filed under Features
International Speedway Corp. reported record revenues for the third quarter of 2007. Its revenue increased to $196.3 million, which is up from $178.9 million during the same period last year, its press release stated.
International Speedway President Lesa France Kennedy said a consolidation of Raceway Associates LLC was the primary driver of the revenue growth.
Conversely, operating income decreased from $51.8 million in the third quarter of 2006 to $48.2 million during the same period this year.