MGM Resorts (MGM) Q4 Revenue Tops Views
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MGM Resorts International Reports Fourth Quarter And Full Year Financial And Operating Results
February 13, 2019 4:15 PM ESTLAS VEGAS, Feb. 13, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter and year ended December 31, 2018. On January 1, 2018, the Company adopted the new revenue recognition accounting standard (ASC 606). As such, certain previously reported 2017 numbers have been retrospectively adjusted under the new standard to assist with comparability to the prior period.
Fourth Quarter 2018 Financial and Strategic Highlights:
Consolidated Results
Consolidated net revenues increased 18% compared to the prior year quarter to $3.1 billion;... More