secwatch.observer — SEC 8-K summary
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Issuer:     NEW ROYAL HOLDCO I INC. (GDEN)
CIK:        0001071255
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0001071255-24-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golden Entertainment Q4 revenue $230.7M, net loss $9.4M; initiates $0.25 quarterly dividend
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- Q4 revenue $230.7M (down from $279.7M YoY); net loss $9.4M ($0.33/sh) vs net income $11.1M prior year; Adj EBITDA $48.8M.
- Full year 2023 net income $255.8M ($8.31/sh) includes $303.2M gain on divestitures; Adj EBITDA $222.5M vs $267.1M.
- Completed sale of Nevada distributed gaming in Jan 2024 for $213.5M; combined with prior sales total proceeds >$600M.
- Repaid $238.6M of debt in 2023, including $59M in Q4; no borrowings on $240M revolver.
- Initiated recurring quarterly cash dividend of $0.25/sh, first payable April 4, 2024 to holders of record March 18.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071255/000107125524000011/0001071255-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071255/000107125524000011/gden-20240229.htm
  HTML page:      https://secwatch.observer/filing/0001071255-24-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer