NASDAQ$GDEN
Golden Entertainment Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported financial results for the second quarter ended June 30, 2020.
Golden Entertainment reported a decrease in revenue to $76.0 million compared to $248.1 million in the second quarter of 2019. The net loss was $78.6 million, or $2.80 per share, compared to a net loss of $14.4 million, or $0.52 per share, in the second quarter of 2019. Adjusted EBITDA was $(5.7) million compared to $49.8 million for the second quarter of 2019.
- Casino resorts and distributed gaming operations reopened in Q2.
- June financial results significantly exceeded expectations
- Ongoing operating and marketing expenses meaningfully reduced.
- Repaid $190 million of $200 million borrowed in Q1 under revolving credit facility.
Headline financials
Revenue & EPS history
Golden Entertainment · Revenue · Quarterly
$76M
Revenue by segment
Golden Entertainment · $19.3M total across 3 segments · Q2 2020
- Food and Beverage$10.2M—52.7%
- Rooms$5.99M—31.0%
- Other$3.14M—16.3%
Forward guidance
The company did not provide specific forward guidance in this earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+0.9%
Avg return
Earnings day
+1.3%
Avg return
5 days after
+5.1%
Avg return
30 days after
56%
35 / 62 earnings
Positive
+20.6%
Q3 2012
Best reaction
-23.9%
Q4 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +0.5% | -0.1% | -10.0% | |
| Q3 2025 | +2.5% | +4.2% | -1.9% | |
| Q2 2025 | -5.8% | -3.8% | -7.3% | |
| Q1 2025 | +5.3% | +14.8% | +4.4% | |
| Q4 2024 | +0.8% | -2.5% | -14.0% | |
| Q3 2024 | +4.6% | +9.9% | +8.7% | |
| Q2 2024 | +3.6% | +7.3% | +15.8% | |
| Q1 2024 | +5.3% | +2.3% | -3.2% | |
| Q4 2023 | -6.4% | -11.6% | +0.6% | |
| Q3 2023 | +20.5% | +22.0% | +19.8% | |
| Q2 2023 | -1.3% | -2.0% | -16.2% | |
| Q1 2023 | -5.9% | -4.4% | +15.3% | |
| Q4 2022 | -0.7% | +5.3% | +5.8% | |
| Q3 2022 | -3.2% | -0.7% | +1.3% | |
| Q2 2022 | -10.1% | -9.2% | -19.1% | |
| Q1 2022 | -3.8% | -8.6% | +1.6% | |
| Q4 2021 | -11.4% | -12.1% | +0.5% | |
| Q3 2021 | -3.1% | -0.6% | -13.9% | |
| Q2 2021 | +15.8% | +10.9% | +6.2% | |
| Q1 2021 | +15.6% | +18.6% | +26.4% | |
| Q4 2020 | +13.7% | +17.8% | +13.0% | |
| Q3 2020 | +3.3% | +1.5% | +15.7% | |
| Q2 2020 | +11.6% | +16.6% | +37.7% | |
| Q1 2020 | +19.8% | +8.9% | +89.1% | |
| Q4 2019 | -9.7% | -41.4% | -28.1% | |
| Q3 2019 | +4.8% | +8.7% | +18.5% | |
| Q2 2019 | -2.1% | +4.3% | +2.8% | |
| Q1 2019 | +2.2% | -2.5% | -5.2% | |
| Q4 2018 | -23.9% | -12.8% | -4.4% | |
| Q3 2018 | -16.5% | -17.2% | +1.3% | |
| Q2 2018 | -10.1% | -9.2% | -15.3% | |
| Q1 2018 | +5.1% | +4.5% | +9.4% | |
| Q4 2017 | -1.0% | -11.1% | -19.5% | |
| Q3 2017 | +10.9% | +10.8% | +19.1% | |
| Q2 2017 | +1.6% | +2.0% | +11.7% | |
| Q1 2017 | +7.8% | +18.9% | +13.7% | |
| Q4 2016 | +12.3% | +18.6% | +13.7% | |
| Q3 2016 | -7.6% | -9.7% | +8.0% | |
| Q2 2016 | +2.0% | +0.4% | -2.5% | |
| Q1 2016 | +0.0% | — | — | |
| Q4 2015 | +0.7% | — | — | |
| Q3 2015 | -1.0% | — | — | |
| Q2 2015 | +0.5% | — | — | |
| Q1 2015 | +0.5% | — | — | |
| Q4 2014 | +0.3% | — | — | |
| Q3 2014 | +1.9% | — | — | |
| Q2 2014 | +0.2% | — | — | |
| Q1 2014 | +1.2% | — | — | |
| Q4 2013 | -3.2% | — | — | |
| Q3 2013 | +1.7% | — | — | |
| Q2 2013 | -4.4% | — | — | |
| Q1 2013 | -4.1% | — | — | |
| Q4 2012 | -2.0% | — | — | |
| Q3 2012 | +20.6% | — | — | |
| Q2 2012 | -2.6% | — | — | |
| Q1 2012 | -1.6% | — | — | |
| Q3 2011 | +2.9% | — | — | |
| Q2 2011 | +2.8% | — | — | |
| Q4 2011 | +2.8% | — | — | |
| Q1 2011 | +5.7% | — | — | |
| Q1 2010 | -6.9% | — | — | |
| Q4 2009 | -8.7% | — | — |
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