earnings
confidence high
sentiment neutral
materiality 0.65
Golden Entertainment Q2 revenue $289.4M, EPS $0.67; Adj EBITDA $75.0M down 18% YoY
NEW ROYAL HOLDCO I INC.
2022-Q2 EPS reported
$1.80
revenue$563,016,000
- Revenue $289.4M (-1% YoY); net income $21.2M ($0.67 diluted) vs $103.0M ($3.26) which included $60M gain.
- Adjusted EBITDA $75.0M, down 18% YoY; margin 26% vs 31% in prior year.
- Nevada Casino Resorts EBITDA margin fell to 36% from 44%; distributed gaming margin 18% vs 21%.
- Repurchased $37.5M senior notes at par and $22.5M common stock (515k shares) in Q2.
- Total debt $965M, cash $179.2M; $240M revolver undrawn; $27.5M left in share buyback authorization.