Golden Entertainment Q2 revenue $167.3M, net income $0.6M; declares $0.25 dividend

NEW ROYAL HOLDCO I INC.

2024-Q2 EPS reported $1.40 revenue$341,381,000

Revenue $167.3M (down from $286.7M) mainly due to sold Rocky Gap Casino Resort and distributed gaming operations.
Net income $0.6M ($0.02 diluted EPS) vs $12.3M ($0.40) a year ago; Adjusted EBITDA $41.2M vs $58.4M.
Declared third quarterly dividend of $0.25/share, payable Oct 2, 2024 to holders of record Sep 17, 2024.
Repaid $287M senior notes in full in April; repriced $396M term loan reducing rate by 60 bps in May.
Repurchased 989,117 shares at avg $29.85 for $29.5M in quarter; $61.4M remaining under buyback authorization.

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