Boyd Gaming (BYD) Tops Q3 EPS by 15c, Offers FY15 Guidance

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Boyd Gaming Reports Third-Quarter 2015 Results

October 22, 2015 4:05 PM EDT

LAS VEGAS, Oct. 22, 2015 /PRNewswire/ -- Boyd Gaming Corporation (NYSE: BYD) today reported financial results for the third quarter ended September 30, 2015.  

Boyd Gaming reported third-quarter 2015 net revenues of $546.3 million, an increase of 3.3% from pro forma net revenues of $528.9 million for the same quarter in 2014.  Total Adjusted EBITDA(1) was $163.2 million, up 20.5% from the comparable pro forma amount of $135.4 million for the year-ago period.  Effective September 30, 2014, the Company deconsolidated Borgata and is accounting for its 50% investment in Borgata by applying... More