{"id":279,"date":"2024-06-28T20:07:48","date_gmt":"2024-06-28T17:07:48","guid":{"rendered":"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/28\/nuvacode-reports-first-quarter-2022-earnings\/"},"modified":"2024-06-28T20:07:48","modified_gmt":"2024-06-28T17:07:48","slug":"nuvacode-reports-first-quarter-2022-earnings","status":"publish","type":"post","link":"https:\/\/reddognodepositbonuscodes.icu\/2024\/06\/28\/nuvacode-reports-first-quarter-2022-earnings\/","title":{"rendered":"Nuvacode Reports First-Quarter 2022 Earnings"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/KjKWqOhMv60\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Nuvacode unveiled its financial statement for the initial three months of 2022, revealing earnings of \u20ac293.7 million (\u00a3250.1 million or $305.1 million).<\/p>\n<p>The organization did not divulge growth statistics in comparison to the same period last year, but stated the figure was 17% lower than pre-pandemic levels.<\/p>\n<p>By geographical area, income in Argentina reached \u20ac73.2 million.<\/p>\n<p>Earnings in Spain amounted to \u20ac43.6 million, signifying a 63.7% year-over-year increase. This is nearly equivalent to pre-pandemic levels, representing 90% of first-quarter income in 2019.<\/p>\n<p>Income in Mexico expanded by 28.6% to \u20ac49.9 million, a 126% rise.<\/p>\n<p>Earnings in Italy totaled \u20ac63.4 million. This is attributed to the resumption of operations impacted by the COVID-19 pandemic. Revenue in Uruguay was \u20ac14 million.<\/p>\n<p>Modified earnings before interest, taxes, depreciation and amortization (EBITDA) reached \u20ac48.7 million, a \u20ac45.2 million increase from the first quarter of 2021, which was affected by the pandemic.<\/p>\n<p>Nuvacode was established following the acquisition of its parent company, Codere, by creditors in November 2021. This was part of a restructuring accord reached in April 2021, after Codere was unable to reimburse its bondholders. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nuvacode unveiled its financial statement for the initial three months of 2022, revealing earnings of \u20ac293.7 million (\u00a3250.1 million or $305.1 million). The organization did not divulge growth statistics in comparison to the same period last year, but stated the figure was 17% lower than pre-pandemic levels. By geographical area, income in Argentina reached \u20ac73.2 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nuvacode Q1 2022 Earnings: \u20ac293.7 Million<\/title>\n<meta name=\"description\" content=\"Nuvacode reports \u20ac293.7 million in Q1 2022 earnings, down 17% from pre-pandemic levels. 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