Golden Entertainment, Inc. (GDEN) Tops Q3 EPS by 26c, Revs Miss

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Golden Entertainment Third Quarter Net Revenue Rises 3.9% to $108.3 Million, Net Income of $8.6 Million and Adjusted EBITDA Increases 20.1% to $15.1 Million

November 8, 2017 4:05 PM EST

LAS VEGAS--(BUSINESS WIRE)-- Golden Entertainment, Inc. (NASDAQ: GDEN) (Golden Entertainment or the Company), today announced financial results for the third quarter ended September 30, 2017, as summarized below.

       

Three Months Ended

Nine Months Ended

September 30, 2017

 

September 30, 2016

  % Change

September 30, 2017

 

September 30, 2016

  % Change   (Unaudited, in thousands) Net revenues     Nevada Distributed Gaming $ 65,666 $ 63,164 4.0 % $ 201,485 $ 192,575 4.6 % Montana Distributed Gaming (1)   15,080     15,089     -0.1 %   45,707     32,027     42.7 % Total Distributed Gaming 80,746 78,253 3.2 % 247,192 224,602 10.1 % Nevada Casinos 8,676 7,873 10.2 % 26,602 25,272 5.3 % Maryland Casino   18,808     18,036     4.3 %   51,400     47,759     7.6 % Total Casinos 27,484 25,909... More