Las Vegas - On Friday, Golden Entertainment, Inc. (NASDAQ: GDEN) reported fourth-quarter results that missed analyst expectations, with adjusted earnings per share of -$0.33, below the market forecast of $0.17, and revenue of $155.6 million, short of the expected $166.1 million.
Following the earnings release, the company’s stock remained unchanged in after-hours trading.
The casino and tavern operator posted fourth-quarter revenue of $155.6 million, down 5.2% year-over-year from $164.2 million in the same period last year.
The company reported a net loss of $8.5 million, or -$0.33 per share, while net income for Q4 2024 was $3.0 million, or $0.10 per diluted share. Adjusted EBITDA for the quarter declined from $39.2 million last year to $33.5 million.
Due to ongoing transactions involving the sale of operating assets to Chairman and CEO Blake L. Sartini and affiliates, as well as the sale of seven casino real estate assets to VICI Properties Inc., the company did not hold an earnings call or provide guidance for future performance. These transactions were announced on November 6, 2025.
For the full year 2025, Golden Entertainment’s revenue was $634.9 million, down from $666.8 million in 2024. The company recorded a net loss of $6.0 million, or -$0.23 per share, compared to net income of $50.7 million, or $1.71 per diluted share, in 2024. Full-year adjusted EBITDA was $140.0 million, down from $155.4 million last year.
The company’s board of directors approved a quarterly cash dividend of $0.25 per share, payable on April 1, 2026, to shareholders of record as of March 18, 2026.
As of December 31, 2025, Golden Entertainment had $55.3 million in cash and $195.0 million available under its revolving credit facility. Total outstanding debt was $438.7 million.
After the completion of the transaction, the company’s common stock will no longer be publicly traded, and Golden Entertainment will become a privately held company.
This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.
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Golden Entertainment's earnings report falls short of expectations, with revenue and profits both below analyst forecasts.
Las Vegas - On Friday, Golden Entertainment, Inc. (NASDAQ: GDEN) reported fourth-quarter results that missed analyst expectations, with adjusted earnings per share of -$0.33, below the market forecast of $0.17, and revenue of $155.6 million, short of the expected $166.1 million.
Following the earnings release, the company’s stock remained unchanged in after-hours trading.
The casino and tavern operator posted fourth-quarter revenue of $155.6 million, down 5.2% year-over-year from $164.2 million in the same period last year.
The company reported a net loss of $8.5 million, or -$0.33 per share, while net income for Q4 2024 was $3.0 million, or $0.10 per diluted share. Adjusted EBITDA for the quarter declined from $39.2 million last year to $33.5 million.
Due to ongoing transactions involving the sale of operating assets to Chairman and CEO Blake L. Sartini and affiliates, as well as the sale of seven casino real estate assets to VICI Properties Inc., the company did not hold an earnings call or provide guidance for future performance. These transactions were announced on November 6, 2025.
For the full year 2025, Golden Entertainment’s revenue was $634.9 million, down from $666.8 million in 2024. The company recorded a net loss of $6.0 million, or -$0.23 per share, compared to net income of $50.7 million, or $1.71 per diluted share, in 2024. Full-year adjusted EBITDA was $140.0 million, down from $155.4 million last year.
The company’s board of directors approved a quarterly cash dividend of $0.25 per share, payable on April 1, 2026, to shareholders of record as of March 18, 2026.
As of December 31, 2025, Golden Entertainment had $55.3 million in cash and $195.0 million available under its revolving credit facility. Total outstanding debt was $438.7 million.
After the completion of the transaction, the company’s common stock will no longer be publicly traded, and Golden Entertainment will become a privately held company.
This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.