MGM Holdings Inc. announced earnings results for the year ended December 31, 2017. For the year, the company reported revenue of $1.3 billion for the year ended December 31, 2017 grew $121 million, or 10%, over the prior year primarily due to the company's acquisition and consolidation of EPIX for the period from May 11 through December 31, 2017. Adjusted EBITDA of $423 million for the year ended December 31, 2017 grew $22 million, or 5%, over the prior year. Adjusted EBITDA was enhanced by the company's acquisition of EPIX, which generated $92.0 million of pre-G&A Adjusted EBITDA. Net income of $549 million for the year ended December 31, 2017 was $393 million higher than the prior year. This significant increase reflected the impact of tax reform which reduces the U.S. federal tax rate for MGM from 35% to 21% beginning in 2018. Adjusted Diluted EPS of $4.72 grew 9% versus the prior year due to the full year weighting of the significant share repurchase activity during 2016 and the company's continued execution of its opportunistic share repurchase program in the fourth quarter of 2017.