Boyd Gaming Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 08, 2024 at 04:07 pm EST
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Boyd Gaming Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 697.65 million compared to USD 703.96 million a year ago. Revenue was USD 954.41 million compared to USD 922.92 million a year ago. Net income was USD 92.61 million compared to USD 172.68 million a year ago. Basic earnings per share from continuing operations was USD 0.94 compared to USD 1.64 a year ago. Diluted earnings per share from continuing operations was USD 0.94 compared to USD 1.63 a year ago.
For the full year, sales was USD 2,812.41 million compared to USD 2,863.8 million a year ago. Revenue was USD 3,738.49 million compared to USD 3,555.38 million a year ago. Net income was USD 620.02 million compared to USD 639.38 million a year ago. Basic earnings per share from continuing operations was USD 6.12 compared to USD 5.87 a year ago. Diluted earnings per share from continuing operations was USD 6.12 compared to USD 5.87 a year ago.
Boyd Gaming Corporation is a gaming company, which operates 28 brick-and-mortar gaming entertainment properties. The Company's segments include Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online. The Las Vegas Locals segment consists of eight casinos, which includes Gold Coast Hotel and Casino; The Orleans Hotel and Casino; Sam's Town Hotel and Gambling Hall; Suncoast Hotel and Casino; Eastside Cannery Casino and Hotel; Aliante Casino + Hotel + Spa; Cannery Casino Hotel, and Jokers Wild. The Downtown Las Vegas segment consists of three properties, which includes California Hotel and Casino, Fremont Hotel & Casino and Main Street Station Hotel and Casino. Its Midwest & South properties consist of four land-based casinos, six dockside riverboat casinos, three racinos and four barge-based casinos that operate in nine states, predominantly in the Midwest and southern United States. The Online segment includes Boyd Interactive and Online Sports Betting.