Golden Entertainment, Inc. (GDEN) Misses Q2 EPS by 23c

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Golden Entertainment Reports Second Quarter Results

August 4, 2022 4:05 PM EDT

LAS VEGAS--(BUSINESS WIRE)-- Golden Entertainment, Inc. (NASDAQ: GDEN) (Golden Entertainment or the Company) today reported financial results for the second quarter ended June 30, 2022. The Company generated second quarter revenue of $289.4 million, net income of $21.2 million and Adjusted EBITDA of $75.0 million.

Blake Sartini, Chairman and Chief Executive Officer of Golden Entertainment, commented, Our operating discipline supported strong second quarter results and offset challenges in the current economic environment. We have maintained our Adjusted EBITDA margin over the last four quarters as we continue to exceed 2019 performance levels. In addition, our strong cash flow... More