MGM Resorts (MGM) Tops Q3 EPS by 2c
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MGM Resorts International Reports Third Quarter Financial And Operating Results
October 30, 2019 4:15 PM EDTLAS VEGAS, Oct. 30, 2019 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended September 30, 2019.
Third Quarter 2019 Financial Highlights:
Consolidated Results
Consolidated net revenues increased 9% compared to the prior year quarter to $3.3 billion; Consolidated operating income decreased 42% compared to the prior year quarter to $238 million. Excluding a non-cash impairment charge of $219 million in the current quarter related to Circus Circus Las Vegas and adjacent land, included within property transactions, net,... More