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Sep 30, 2024
Golden Entertainment Q3 2024 Earnings Report
Reported third quarter results with revenue of $161.2 million and net income of $5.2 million.
Key Takeaways
Golden Entertainment reported a challenging operating environment in Q3 2024 with revenue of $161.2 million and net income of $5.2 million. The company continued its capital return program, repurchasing 815,116 shares for $25.8 million during the quarter. They anticipate improved business conditions in Q4 and plan to continue share repurchases.
Reported third quarter revenue of $161.2 million.
Net income for the quarter was $5.2 million, or $0.18 per fully diluted share.
Adjusted EBITDA was $34.0 million.
Repurchased 815,116 shares of common stock for $25.8 million in the third quarter.
Revenue by Segment
Forward Guidance
The company anticipates that business conditions will improve in the fourth quarter and expects to continue to use its liquidity to acquire its own shares throughout the year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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