MGM Resorts (MGM) Tops Q1 EPS by 19c

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MGM Resorts International Reports First Quarter Financial Results

May 4, 2015 8:15 AM EDT

LAS VEGAS, May 4, 2015 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) today reported financial results for the quarter ended March 31, 2015.

"I am pleased to report that net income attributable to MGM Resorts increased by 65% and earnings per share increased by $0.13 year over year. MGM Resorts achieved Las Vegas Strip REVPAR growth of 1% over a very robust prior year quarter comparison of 14%.  Our regional properties achieved strong EBITDA growth of 10% year over year, while MGM China maintained market share.  With the anticipated difficult comparison of the first quarter... More