Golden Entertainment reported a strong first quarter with a 14% increase in revenue compared to the previous year. The company's financial performance for all operating segments exceeded prior year results. They also focused on debt repayment and share repurchases.
First quarter revenue was $273.6 million.
Net income reached $36.1 million.
Adjusted EBITDA totaled $67.3 million.
Repaid $25 million of term loan borrowings and repurchased over $15 million of common stock.
This press release contains forward-looking statements regarding future events and the Company’s future results that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934.
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