Golden Entertainment, Inc. (GDEN) Misses Q4 EPS by 31c, Revenue Beats

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Golden Entertainment Reports 2020 Fourth Quarter Results

March 11, 2021 4:05 PM EST

Significant margin improvement led to Q4 Adjusted EBITDA growth compared to Q4 2019 at all local and regional Nevada casino properties

Positive Q4 Adjusted EBITDA at The STRAT despite increased restrictions and decreased travel volume in November and December

Nevada and Montana Distributed Gaming Q4 revenue and Adjusted EBITDA exceeded Q4 2019 levels

Ended 2020 with approximately $104 million cash on hand and no revolver borrowings

Q1 2021 business trends improving over Q4 2020 performance

LAS VEGAS--(BUSINESS WIRE)-- Golden Entertainment, Inc. (NASDAQ: GDEN) (Golden or the Company) today reported financial results for... More