earnings
confidence high
sentiment neutral
materiality 0.75
Golden Entertainment Q4 revenue $279.7M, net income $11.1M; full-year Adj. EBITDA $267.1M
NEW ROYAL HOLDCO I INC.
2022-FY EPS reported
$2.61
revenue$1,121,719,000
- Q4 2022 revenue $279.7M (-1% YoY); net income $11.1M ($0.35 diluted EPS) vs $19.1M ($0.59) in Q4 2021.
- Full-year 2022 revenue $1.1B; net income $82.3M ($2.61 diluted EPS); Adjusted EBITDA $267.1M.
- Repaid $27M of debt in Q4 ($116M in 2022); repurchased 328,897 shares for $13.5M in Q4.
- Rocky Gap Casino Resort sale expected to close in Q2 2023, providing additional liquidity.
- Management cites strong Las Vegas trends and plans to invest in owned properties and return capital.