secwatch.observer — SEC 8-K summary
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Issuer:     NEW ROYAL HOLDCO I INC. (GDEN)
CIK:        0001071255
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001071255-24-000060
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golden Entertainment Q1 revenue $174M, net income $42M, declares $0.25 dividend
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- Revenue $174.0M vs $278.1M YoY; Adjusted EBITDA $41.0M vs $62.2M YoY, declines from asset sales.
- Net income $42.0M ($1.37 diluted EPS) vs $11.6M ($0.38); includes $69.7M gain on Nevada distributed gaming sale.
- Declared recurring quarterly cash dividend of $0.25/share, payable July 2, 2024, record June 14.
- Completed Nevada distributed gaming sale Jan 10 for $213.5M + $37.5M purchased cash; fully repaid $287M senior notes April 15.
- Total debt reduced to $402.2M; cash $404.3M at March 31, no revolver borrowings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071255/000107125524000060/0001071255-24-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071255/000107125524000060/gden-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001071255-24-000060

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