Golden Entertainment, Inc. (GDEN) Tops Q1 EPS by 54c

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Golden Entertainment Reports 2021 First Quarter Results

May 6, 2021 4:05 PM EDT

First quarter 2021 revenue of $239.7 million, positive net income of $10.6 million and record quarterly Adjusted EBITDA of $59.5 million

All casino properties and distributed gaming operations exceeded Q1 2019 Adjusted EBITDA levels except The STRAT

The STRAT occupancy improved significantly during the quarter, with monthly Adjusted EBITDA growing materially from year end 2020 to Q1 2021

Cash increased $41.8 million in the first quarter to $145.4 million

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, 2021.

Blake Sartini, Chairman and Chief... More