Boyd Gaming (BYD) Tops Q2 EPS by 14c

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Boyd Gaming Reports Second-Quarter 2015 Results

July 23, 2015 4:05 PM EDT

LAS VEGAS, July 23, 2015 /PRNewswire/ --Boyd Gaming Corporation (NYSE: BYD) today reported financial results for the second quarter ended June 30, 2015. 

Boyd Gaming reported second-quarter 2015 net revenues of $559.9 million, an increase of $19.2 million, or 3.5%, from pro forma net revenues of $540.7 million for the same quarter in 2014.  Total Adjusted EBITDA(1) was $162.9 million, up $23.6 million or 17.0% from the comparable pro forma amount of $139.3 million for the year-ago period.  Effective September 30, 2014, the Company deconsolidated Borgata and is accounting for its 50% investment in... More