Golden Entertainment, Inc. (GDEN) Tops Q1 EPS by 60c

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Golden Entertainment Reports First Quarter Results

May 5, 2022 4:05 PM EDT

First quarter revenue of $273.6 million, net income of $36.1 million and Adjusted EBITDA of $67.3 million

Financial performance for all operating segments exceeded prior year first quarter results

Repaid $25 million of term loan borrowings and repurchased over $15 million of common stock in the quarter

Board of Directors reauthorized $50 million share repurchase program

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, 2022.

Blake Sartini, Chairman and Chief Executive Officer of Golden Entertainment, commented, Our record first... More