NASDAQ$GDEN
Golden Entertainment Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported financial results, with revenue of $289.4 million and net income of $21.2 million.
Golden Entertainment reported a 1% decrease in revenue to $289.4 million, net income of $21.2 million, and Adjusted EBITDA of $75.0 million for the second quarter of 2022. The company allocated capital to debt reduction and share repurchases, reducing indebtedness by nearly $200 million since the beginning of 2021 and repurchasing almost $50 million of common stock since December 2021.
- Second quarter revenue was $289.4 million, a 1% decrease year-over-year.
- Net income for the second quarter was $21.2 million, or $0.67 per fully diluted share.
- Adjusted EBITDA was $75.0 million, an 18% decrease year-over-year.
- The company repurchased $37.5 million of senior unsecured notes and $22.5 million of its common stock during the quarter.
Headline financials
Revenue & EPS history
Golden Entertainment · Revenue · Quarterly
$289M
Revenue by segment
Golden Entertainment · $62.7M total across 3 segments · Q1 2021
- Food and Beverage$33.8M—53.9%
- Rooms$18.4M—29.3%
- Other$10.5M—16.7%
Forward guidance
The company expects to remain focused on maintaining the strength of its balance sheet and opportunistically returning capital to shareholders for the rest of the year.
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 2022
+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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