Dover Motorsports Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, revenues were $157,000 against $129,000 a year ago. Operating loss was $3,433,000 against $7,645,000 a year ago. Loss before income taxes was $3,536,000 against $7,765,000 a year ago. Net loss was $2,182,000 $0.06 per basic and diluted share against $4,758,000 $0.13 per basic and diluted share a year ago. Adjusted loss before income taxes was $3,536,000 against $3,436,000 a year ago. Adjusted net loss was $2,182,000 $0.06 per basic and diluted share against $1,944,000 $0.06 per basic and diluted share a year ago.

For the full year, revenues were $45,674,000 against $46,180,000 a year ago. The decrease was primarily due to lower admissions and event related revenue partially offset by higher broadcasting revenue. Operating earnings were $5,692,000 against $4,660,000 a year ago. Earnings before income taxes were $5,281,000 against $3,949,000 a year ago. Net earnings was $3,145,000 $0.09 per basic and diluted share against $2,024,000 $0.05 per basic and diluted share a year ago. Adjusted net earnings was $4,592,000 $0.13 per diluted share against $4,838,000 $0.13 per diluted share a year ago. Net cash provided by operating activities was $7,498,000 against $8,143,000 a year ago. Capital expenditures were $3,136,000 against $315,000 a year ago. EBITDA was $11.4 million compared with $12.3 million for 2013.