Golden Entertainment Q3 revenue down 1%

Golden Entertainment has reported revenue of $279m for the third quarter of 2022, a 1% decline from the third quarter of 2021. Net income declined by 52% year-on-year to $14m, with adjusted EBITDA declining 17% to $61.1m. The adjusted EBITDA margin for the period was 22%, compared to 26% for the third quarter of 2021. “Our quarterly results continue to be significantly above 2019 levels, despite reflecting a larger impact from seasonality...