Golden Nugget Online Gaming (GNOG) Reports Q4 Revenues Beat

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Go back to Golden Nugget Online Gaming (GNOG) Reports Q4 Revenues Beat

Golden Nugget Online Gaming, Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2020

March 23, 2021 4:05 PM EDT

HOUSTON, March 23, 2021 /PRNewswire/ -- Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG) (the "Company") today reported its financial results for the fourth quarter and for the year ended December 31, 2020.

Fourth Quarter Highlights

Revenues were $23.0 million, representing an increase of 47.9% over the prior year. Operating income of $2.0 million after acquisition transaction related expenses of $4.1 million. Net loss of $34.2 million after acquisition transaction and debt extinguishment related expenses totaling $37.8 million. Adjusted EBITDA of $6.2 million

Full Year Highlights

Revenues were $91.1 million, an increase of 64.4%... More