Edition:
United States

Golden Entertainment Inc (GDEN.OQ)

GDEN.OQ on NASDAQ Stock Exchange Global Market

23.30USD
21 Sep 2018
Change (% chg)

$-1.43 (-5.78%)
Prev Close
$24.73
Open
$24.75
Day's High
$24.85
Day's Low
$22.61
Volume
360,353
Avg. Vol
107,799
52-wk High
$34.69
52-wk Low
$22.56

Latest Key Developments (Source: Significant Developments)

Golden Entertainment Reports Q4 Loss Per Share of $0.53
Thursday, 15 Mar 2018 04:05pm EDT 

March 15 (Reuters) - Golden Entertainment Inc ::GOLDEN ENTERTAINMENT REPORTS RECORD 2017 FOURTH QUARTER NET REVENUE OF $184.3 MILLION, NET LOSS OF $13.4 MILLION AND ADJUSTED EBITDA OF $29.0 MILLION.Q4 LOSS PER SHARE $0.53.Q4 REVENUE $184.3 MILLION VERSUS I/B/E/S VIEW $150 MILLION.Q4 EARNINGS PER SHARE VIEW $0.01 -- THOMSON REUTERS I/B/E/S.PLANNING APPROXIMATELY $48 MILLION OF ADDITIONAL CAPITAL SPENDING ACROSS BALANCE OF ITS PLATFORM IN 2018.GOLDEN ENTERTAINMENT - EXPECTS THAT TOTAL CAPITAL EXPENDITURES FOR 2018 AND IN FUTURE PERIODS WILL BE FUNDED BY OPERATING CASH FLOW.  Full Article

Golden Entertainment Commences Secondary Public Offering Of 6.5 Mln Shares By Certain Shareholders​
Tuesday, 16 Jan 2018 04:15pm EST 

Jan 16 (Reuters) - Golden Entertainment Inc ::GOLDEN ENTERTAINMENT ANNOUNCES PROPOSED SECONDARY PUBLIC OFFERING OF COMMON STOCK.GOLDEN ENTERTAINMENT - ‍COMMENCED UNDERWRITTEN SECONDARY PUBLIC OFFERING OF 6.5 MILLION SHARES OF COMMON STOCK TO BE SOLD BY CERTAIN OF ITS SHAREHOLDERS​.  Full Article

Golden Entertainment third quarter net revenue rises 3.9% to $108.3 mln
Wednesday, 8 Nov 2017 04:05pm EST 

Nov 8 (Reuters) - Golden Entertainment Inc :Golden Entertainment third quarter net revenue rises 3.9% to $108.3 million, net income of $8.6 million and adjusted ebitda increases 20.1% to $15.1 million.Q3 earnings per share $0.36.Q3 revenue $108.3 million versus $104.2 million.  Full Article

Golden Entertainment Q2 earnings per share $0.07
Friday, 4 Aug 2017 07:00am EDT 

Aug 4 (Reuters) - Golden Entertainment Inc :Golden entertainment’s second quarter net revenue rises 7.7% to record $110.5 million and adjusted ebitda rises 12.8% to record $15.0 million.Q2 earnings per share $0.07.Q2 revenue $110.5 million versus $102.6 million.Q2 earnings per share view $0.21 -- Thomson Reuters I/B/E/S.Q2 revenue view $108.9 million -- Thomson Reuters I/B/E/S.  Full Article

Golden Entertainment says ACEP Holdings and ACEP Voteco will receive termination fee of $20 mln in event co fails to complete deal
Monday, 12 Jun 2017 05:14pm EDT 

June 12 (Reuters) - Golden Entertainment Inc ::Golden Entertainment- ACEP Holdings,ACEP Voteco entitled to receive termination fee from co, $20 million in event co fails to complete deal - sec filing.  Full Article

Golden Entertainment to acquire American Casino & Entertainment Properties
Monday, 12 Jun 2017 07:00am EDT 

June 12 (Reuters) - Golden Entertainment Inc :Golden Entertainment enters into definitive agreement to acquire American Casino & Entertainment Properties for $850 million.Acquisition to significantly increase revenues and EBITDA, expected to be immediately accretive to cash flow and earnings per share.Expects to achieve approximately $18 million of annual run-rate synergies post-closing.Acquisition to significantly increase revenues and EBITDA, expected to be immediately accretive to cash flow and earnings per share.Deal to consist of $781 million cash plus about four million shares of co's stock issued to Whitehall Street Real Estate Partners 2007.After closing, co will operate over 15,800 slot machines, 114 table games, more than 5,100 hotel rooms across 8 casino properties.Has received committed financing totaling $1.1 billion to fund cash consideration and to refinance golden's existing credit facilities.Financing commitment includes a $100 million revolving credit facility to support Golden's future organic and strategic growth initiatives.  Full Article

Golden Entertainment reports Q1 revenue $106.6 million
Tuesday, 9 May 2017 04:05pm EDT 

May 9 (Reuters) - Golden Entertainment Inc :Golden Entertainment's first quarter net revenue rises 17.1% to a record $106.6 million, net income rises 138.6% to $5.3 million and adjusted ebitda rises 28.6% to $13.6 million.Q1 earnings per share $0.23.Q1 revenue $106.6 million versus $91 million.  Full Article

Golden Entertainment posts Q4 earnings per share $0.44
Monday, 13 Mar 2017 04:05pm EDT 

Golden Entertainment Inc : Golden Entertainment's fourth quarter net revenue rises 21.9 pct to a record $105.4 million . Q4 earnings per share $0.44 . Q4 revenue $105.4 million . Golden Entertainment - expects to fund planned 2017 capital expenditures of about $26 million as well as scheduled debt amortization of $12 million from operating cash flow .Golden Entertainment - continues to actively review strategic opportunities could accelerate growth profile while meaningfully increasing co's financial scale.  Full Article

Golden Entertainment executive VP resigned from his position
Thursday, 17 Nov 2016 06:08am EST 

Golden Entertainment Inc : On November 11, Matthew Flandermeyer resigned from his position as executive VP, CFO and secretary . Appointment of Charles Protell as executive vice president, chief strategy officer and chief financial officer .Protell has agreed to commence his employment with Co by no later than December 1.  Full Article

BRIEF-Golden Entertainment Q1 Earnings Per Share $0.13

* GOLDEN ENTERTAINMENT REPORTS 2018 FIRST QUARTER REVENUE OF $214.8 MILLION, NET INCOME OF $3.9 MILLION AND ADJUSTED EBITDA OF $45.9 MILLION