LAS VEGAS (AP) — LAS VEGAS (AP) — Golden Entertainment Inc. (GDEN) on Wednesday reported first-quarter profit of $42 million.
On a per-share basis, the Las Vegas-based company said it had net income of $1.37. Losses, adjusted for non-recurring gains, were 37 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.
The gaming services provider posted revenue of $174 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $168.7 million.
_____
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
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
