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Core Insights - Golden Entertainment, trading as GDEN on NASDAQ, is a significant player in the gaming industry, primarily operating casinos and distributed gaming in Nevada and Montana [1] - Wells Fargo has set a price target of $30 for GDEN, suggesting a potential upside of approximately 2.7% from its current trading price of $29.21 [1][5] Financial Performance - Golden Entertainment reported a quarterly loss of $0.18 per share, which is a significant miss compared to the Zacks Consensus Estimate of a $0.08 loss per share, reflecting a negative earnings surprise of 125% [2] - The company's earnings per share have declined from $0.18 in the same quarter last year, indicating a deterioration in financial performance [2] - Revenue for the quarter ending September 2025 was $154.82 million, falling short of the Zacks Consensus Estimate by 0.98% and down from $161.23 million in the same period last year, marking a consistent trend of missing revenue estimates over the past four quarters [3] Stock Performance - Despite the financial challenges, GDEN's stock has shown resilience, currently priced at $28.63, which is an increase of $7.40 or 34.86% from previous levels [4] - The stock has fluctuated between a low of $28.58 and a high of $29.95, with a market capitalization of approximately $748.9 million and a trading volume of 2,122,232 shares [4]

Casino, tavern, and slot machine operator Golden Entertainment (NASDAQ:GDEN) fell short of the markets revenue expectations in Q3 CY2025, with sales falling 4% year on year to $154.8 million. Its GAAP loss of $0.18 per share was significantly below analysts’ consensus estimates. Is now the time to buy Golden Entertainment? Find out in our full research report. Golden Entertainment (GDEN) Q3 CY2025 Highlights: Revenue: $154.8 million vs analyst estimates of $156.8 million (4% year-on-year decline, 1.3% m ...

NEW YORK , Nov. 6, 2025 /PRNewswire/ --Â Rowley Law PLLC is investigating potential securities law violations by Golden Entertainment, Inc. (NASDAQ: GDEN) and its board of directors concerning the proposed acquisition of the company by Blake L. Sartini and VICI Properties Inc. (NYSE: VICI). ...

Merger Agreements and Investigations - Golden Entertainment will be acquired by Blake L. Sartini and VICI Properties in a sale-leaseback transaction, with stockholders receiving $30.00 per share, consisting of 0.902 shares of VICI common stock and $2.75 in cash [2] - Brighthouse Financial will be acquired by an affiliate of Aquarian Capital for $70.00 per share in an all-cash transaction valued at approximately $4.1 billion [4] - Forge Global Holdings will be acquired by Charles Schwab Corporation for $45 cash per common share [6] - Hologic will be acquired by Blackstone for $76 per share in cash, plus a contingent value right potentially worth up to $3 per share, totaling up to $79 per share [8] Investigations on Fiduciary Duties - Investigations are ongoing regarding whether the boards of Golden Entertainment, Brighthouse Financial, Forge Global Holdings, and Hologic breached their fiduciary duties by failing to conduct a fair process and whether the deal considerations provide fair value to shareholders [2][4][6][8]

Market Overview - U.S. stocks experienced a decline, with the Dow Jones index falling over 450 points, down 0.98% to 46,848.97, NASDAQ down 1.82% to 23,073.21, and S&P 500 down 1.13% to 6,719.65 [1] - Energy shares increased by 0.9%, while consumer discretionary stocks fell by 2.4% [1] Company Earnings - ConocoPhillips reported third-quarter FY25 earnings of $1.7 billion, or $1.38 per share, down from $2.1 billion, or $1.76 per share, year-over-year. Adjusted EPS was $1.61, beating the consensus estimate of $1.44. The company also raised its fourth-quarter regular dividend by 8% to $0.84 per share [2] Commodities - Oil prices decreased by 1.1% to $58.96, gold fell by 0.4% to $3,977.70, silver dropped 1.2% to $47.450, and copper declined by 0.6% to $4.9580 [5] Stock Movements - Golden Entertainment, Inc. shares surged 35% to $28.69 following an acquisition announcement at $30/share [8] - Forge Global Holdings, Inc. shares increased by 68% to $44.00 after an acquisition agreement with Charles Schwab [8] - Stagwell Inc. shares rose 20% to $5.75 after reporting better-than-expected third-quarter results and issuing positive FY25 sales guidance [8] - American Superconductor Corporation shares fell 36% to $38.01 despite beating second-quarter earnings but missing revenue estimates [8] - ACV Auctions Inc. shares dropped 38% to $5.03 after cutting full-year sales guidance and receiving a downgrade from B of A Securities [8] - Aspen Aerogels, Inc. shares decreased by 44% to $4.1850 after lowering full-year earnings and sales guidance [8] Employment Data - U.S.-based employers announced 153,074 job cuts in October, a significant increase from 54,064 in the previous month [10]

In the transaction, Golden shareholders will receive 0.902 shares of VICI Properties Inc. common stock and $2.75 in cash for each Golden share held. The transaction involves selling Golden's operating assets to Sartini and seven casino real estate assets to VICI in a sale-leaseback arrangement. Blake Sartini, Blake Sartini II and affiliated trusts, who own approximately 25% of Golden's voting shares, have signed a voting agreement supporting the deal. Golden insiders will receive substantial benefits as par ...

On behalf of Golden shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of- pocket payment of our legal fees or expenses. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instr ...

Golden Entertainment (GDEN) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -125.00%. A quarter ago, it was expected that this gaming services provider would post earnings of $0.14 per share when it actually produced earnings of $0.17, delivering a surprise of +21.43%.Over the last four q ...

Revenue Performance - Total revenues for the three months ended September 30, 2025, decreased by $6.4 million, or 4%, compared to the prior year period, primarily due to declines in food and beverage, rooms, and other revenues [121]. - For the nine months ended September 30, 2025, total revenues decreased by $23.3 million, or 5%, with declines in gaming, food and beverage, rooms, and other revenues [122]. - Total revenues for the three months ended September 30, 2025, were $154.8 million, a decrease of $6.4 million, or 4%, compared to the prior year [137]. - Nevada Casino Resorts revenues decreased by $6.5 million, or 7%, for the three months ended September 30, 2025, primarily due to lower gaming and room revenues [138]. - Revenues for Nevada Taverns decreased by $0.3 million, or 1%, for the three months ended September 30, 2025, primarily due to decreases in food and beverage and other revenues [144]. Gaming Operations - Gaming revenues increased by $1.4 million during the same period, driven mainly by the Nevada Taverns segment [121]. - Nevada Locals Casinos revenues increased by $0.4 million, or 1%, for the three months ended September 30, 2025, driven by higher gaming revenues [142]. Operating Income and Expenses - Total operating income for the three months ended September 30, 2025, was $882, a significant decrease from $6,728 in the prior year [120]. - The net loss for the three months ended September 30, 2025, was $4.7 million, compared to a net income of $5.2 million in the prior year [120]. - Operating expenses decreased by $1.4 million, or 1.9%, for the three months ended September 30, 2025, primarily due to decreases in food and beverage and rooms operating expenses [123]. - For the nine months ended September 30, 2025, operating expenses decreased by $9.5 million, or 4%, mainly from declines in gaming, food and beverage, and rooms operating expenses [124]. - Selling, general and administrative (SG&A) expenses decreased by $1.5 million, or 3%, for the three months ended September 30, 2025, attributed to lower utility, legal, and advertising costs [125]. - SG&A expenses for the nine months ended September 30, 2025, decreased by $8.9 million, or 5%, influenced by trends observed in the previous quarter [126]. EBITDA and Financial Metrics - Adjusted EBITDA for the three months ended September 30, 2025, was $30.5 million, down $3.5 million, or 10%, from the previous year [137]. - Adjusted EBITDA for the nine months ended September 30, 2025 decreased by $2.2 million, or 10%, compared to the prior year period, attributed to higher labor costs and cost of goods [145]. Cash Flow and Financing - As of September 30, 2025, the company had $58.3 million in cash and cash equivalents and $205 million in borrowing availability under its $240 million Revolving Credit Facility [148]. - Net cash provided by operating activities increased by $3.0 million, or 4%, to $72.8 million for the nine months ended September 30, 2025, compared to the prior year [151]. - Net cash used in investing activities was $32.8 million for the nine months ended September 30, 2025, primarily related to capital expenditures at Nevada Casino Resorts [152]. - Net cash used in financing activities decreased by $314.5 million, or 89%, to $39.5 million for the nine months ended September 30, 2025, primarily due to the repayment of 2026 Unsecured Notes [153]. - The weighted-average effective interest rates on outstanding borrowings under the Credit Facility were 6.60% and 6.62% for the three and nine months ended September 30, 2025, respectively [169]. Strategic Actions and Market Conditions - The company completed the sale of its distributed gaming operations in Nevada for cash consideration of $213.5 million on January 10, 2024 [107]. - The company acquired the operations of Great American Pub for $7.3 million on April 22, 2024, adding two tavern locations to its portfolio [108]. - The company may pursue expansion opportunities in existing or new markets, which could require substantial investments funded through cash flows or additional financing [160]. - The company anticipates continued challenges in hotel occupancy rates impacting overall revenue performance [121]. - The company’s operating results are significantly affected by economic conditions and consumer spending, with potential declines adversely impacting revenues [149]. - The decrease in other revenues was influenced by changes in revenue recognition from certain taverns transitioning from fixed rental fees to gaming revenues [145].