Golden Entertainment: Q2 Earnings Snapshot

August 4, 2022 GMT

LAS VEGAS (AP) _ Golden Entertainment Inc. (GDEN) on Thursday reported second-quarter profit of $21.2 million.

The Las Vegas-based company said it had profit of 67 cents per share. Earnings, adjusted to extinguish debt, were 70 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share.

The gaming services provider posted revenue of $289.4 million in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $287.8 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GDEN at https://www.zacks.com/ap/GDEN