Golden Entertainment, Inc. (GDEN) Swings to Q2 Profit

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Golden Entertainment Announces Second Quarter 2016 Results

August 3, 2016 4:01 PM EDT

Reports Net Revenues of $102.6 million, up 16.5% over Combined Net Revenues

Reports Net Income of $2.8 million; EPS of $0.12 per Diluted Share

Reports Adjusted EBITDA of $13.3 million, up 12.2% versus Combined Results

LAS VEGAS--(BUSINESS WIRE)-- Golden Entertainment, Inc. (NASDAQ: GDEN) (Golden Entertainment or the Company) today announced financial results for the quarter ended June 30, 2016. On July 31, 2015, Sartini Gaming, Inc. (Sartini Gaming) merged with a subsidiary of Lakes Entertainment (the Merger) and the Company was renamed Golden Entertainment. The Companys financial results prior to July 31, 2015 do not include the operations of Sartini Gaming.... More