Golden Entertainment, Inc. (GDEN) Misses Q1 EPS by 86c

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Golden Entertainment Reports 2020 First Quarter Results

May 7, 2020 4:05 PM EDT

- Q1 Results Negatively Impacted by Mandated Closure of All Operations in March
- Cash Outlays Significantly Reduced to Preserve Liquidity
- Revolver Fully Drawn in March to Create Over $300 million Cash Position
- Montana Distributed Gaming Operations Reopened May 4th Statewide

LAS VEGAS--(BUSINESS WIRE)-- Golden Entertainment, Inc. (NASDAQ: GDEN) (Golden Entertainment or the Company) today reported financial results for the first quarter ended March 31, 2020.

Blake Sartini, Chairman and Chief Executive Officer of Golden Entertainment, commented, The COVID-19 pandemic forced the mandated closure... More