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Golden Entertainment, Inc.  (GDEN)
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EARNINGS REPORT by CSIMarket

Earnings helped by tax benefit


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A $1 million tax benefit, helped Golden Entertainment, Inc to post $0.07 eps in the second quarter 2017



Golden Entertainment, Inc announced earnings per share of $0.07 and Sales of $107 millions in the second quarter 2017, Company's earnings per share plummeted by -41.67 % per share, versus $0.12 eps, earned in the same quarter a year ago, although Golden Entertainment, Inc saw it's Sales rise by 7.74 % in the same period.

In contrast to the first quarter 2017 Sales increased by 3.61 % from $107 millions and eps dropped by -69.57 % from $0.23 per share.

Net income of $2 millions in the second quarter 2017 fell by -38.82 % from $3 millions in the corresponding period a year before.

The situation for Golden Entertainment, Inc would be even worse, if there wasn't $1 million tax benefit, to restrain the decline to just -38.82 % in the second quarter 2017. Golden Entertainment, Inc shifted it's focus on improving sales in the second quarter 2017, as a result net margin eased to 1.55%.
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Golden Entertainment reported first quarter 2017 earnings

Golden Entertainment reported forth quarter 2016 earnings

Golden Entertainment reported third quarter 2016 earnings

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