MGM Q2 2024 Earnings Report
Key Takeaways
MGM Resorts International reported record second-quarter consolidated net revenues of $4.3 billion. MGM China Adjusted Property EBITDAR reached a record $294 million, a 40% year-over-year increase. The company's net income attributable to MGM Resorts was $187 million, and consolidated Adjusted EBITDAR was $1.2 billion.
MGM Resorts achieved record 2Q consolidated net revenues of $4.3 billion.
MGM China's Adjusted Property EBITDAR reached a record $294 million, increasing 40% year-over-year.
Net income attributable to MGM Resorts was $187 million.
Consolidated Adjusted EBITDAR was $1.2 billion.
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MGM Revenue by Segment
Forward Guidance
MGM Resorts anticipates carrying its current momentum forward into the back half of the year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income