Golden Entertainment(US:GDEN) Businesswire·2025-11-06 13:02Core Insights - Golden Entertainment reported a net loss of $4.7 million for Q3 2025, a significant decline from a net income of $5.2 million in Q3 2024, indicating a challenging financial environment for the company [2][9] - The company's revenues decreased to $154.8 million in Q3 2025 from $161.2 million in Q3 2024, reflecting a year-over-year decline of approximately 3.9% [2][9] - Adjusted EBITDA for Q3 2025 was $30.5 million, down from $34.0 million in Q3 2024, representing a decrease of about 10.3% [2][9] Financial Performance - Total revenues for Q3 2025 were $154.8 million, compared to $161.2 million in Q3 2024, with a breakdown showing gaming revenues of $77.1 million, food and beverage revenues of $39.6 million, and room revenues of $25.4 million [2][11] - The company reported total expenses of $153.9 million for Q3 2025, slightly down from $154.5 million in Q3 2024, with notable expenses in gaming and food and beverage sectors [10][11] - The net loss per share for Q3 2025 was $0.18, compared to a net income per share of $0.18 in Q3 2024, indicating a complete reversal in profitability [2][10] Debt and Liquidity - As of September 30, 2025, Golden Entertainment had total debt of $430.1 million, primarily consisting of $391 million in term loan borrowings and $35 million in revolving credit facility borrowings [4] - The company had cash and cash equivalents of $58.3 million and $205 million of remaining availability under its revolving credit facility, indicating a reasonable liquidity position despite the losses [4] Dividend Information - The company declared a quarterly cash dividend of $0.25 per share on October 3, 2025, with the next dividend scheduled for January 6, 2026, reflecting a commitment to return capital to shareholders [3]