MGM Resorts (MGM) Misses Q1 EPS by 13c, Revenues Drop 29%

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Go back to MGM Resorts (MGM) Misses Q1 EPS by 13c, Revenues Drop 29%

MGM Resorts International Reports First Quarter Financial And Operating Results

April 30, 2020 4:15 PM EDT

LAS VEGAS, April 30, 2020 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended March 31, 2020.

"The year started strong with results ahead of expectations, however the COVID-19 pandemic resulted in the closure of our properties which had a material negative impact on our first quarter results," said Bill Hornbuckle, Acting CEO and President of MGM Resorts. "It is still premature to predict the opening dates of our domestic properties. In the meantime, we are collaborating with public health officials, experts in... More