Brief: Golden Entertainment Posts Q1 Loss Per Share Of $0.29

Golden Entertainment

09/05/2019 21:52

May 9 (Reuters) - Golden Entertainment Inc  GDEN.O :
    * GOLDEN ENTERTAINMENT REPORTS 2019 FIRST QUARTER RESULTS
    * Q1 LOSS PER SHARE $0.29
    * Q1 REVENUE $239.9 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$235.2 MILLION
    * Q1 EARNINGS PER SHARE ESTIMATE $0.10 -- REFINITIV IBES
DATA
    * OPENED THREE NEW TAVERNS IN Q1, THREE MORE EXPECTED TO
OPEN IN
Q2
    * AS OF MARCH 31, HAD CASH AND CASH EQUIVALENTS OF
APPROXIMATELY
$108 MILLION AND TOTAL OUTSTANDING DEBT OF $1.14 BILLION
    * IN MARCH, BOARD OF DIRECTORS APPROVED A NEW $25 MILLION
SHARE
REPURCHASE PROGRAM

Source text for Eikon:  ID:nBw9wBr3Ja 
Further company coverage:  GDEN.O 

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