earnings
confidence high
sentiment positive
materiality 0.75
Record Q3 revenue $282.4M; net income $29.1M; debt repayment and buyback
NEW ROYAL HOLDCO I INC.
2021-Q3 EPS reported
$4.52
revenue$814,585,000
- Revenue $282.4M vs $205.4M in Q3 2020; net income $0.91 diluted EPS vs loss ($0.25).
- Casino revenue $164.1M, Adjusted EBITDA $65.0M (40% margin); both up YoY.
- Distributed Gaming revenue $117.9M, Adjusted EBITDA $21.2M (18% margin).
- Repaid $50M of term loan in Q3; total debt ~$1.0B; revolver availability increased to $240M with maturity extended to 2024.
- Board authorized $50M share buyback; management committed to further debt reduction.