Boyd Gaming Q2 2024 Earnings Report
Key Takeaways
Boyd Gaming reported a revenue increase to $967.5 million, up from $917.0 million in the second quarter of 2023, driven by the Online segment. Net income was $139.8 million, or $1.47 per share, compared to $192.5 million, or $1.89 per share, for the year-ago period. Total Adjusted EBITDAR was $344.2 million versus $351.4 million in the second quarter of 2023.
Las Vegas Locals market conditions improved from the first quarter, with market share growth.
Downtown Las Vegas operations showed strong growth.
Midwest & South operations delivered stable performance.
Operating efficiencies were maintained with property margins of nearly 41%.
Boyd Gaming
Boyd Gaming
Forward Guidance
The press release contains forward-looking statements regarding the Company's expectations, goals or intentions regarding future performance.