MGM

MGM Resorts International Profit Rises In Q4

(RTTNews) - MGM Resorts International (MGM) revealed earnings for its fourth quarter that Increases, from the same period last year

The company's bottom line came in at $293.612 million, or $1.11 per share. This compares with $157.432 million, or $0.52 per share, last year.

Excluding items, MGM Resorts International reported adjusted earnings of $1.60 per share for the period.

The company's revenue for the period rose 6.0% to $4.605 billion from $4.346 billion last year.

MGM Resorts International earnings at a glance (GAAP) :

-Earnings: $293.612 Mln. vs. $157.432 Mln. last year. -EPS: $1.11 vs. $0.52 last year. -Revenue: $4.605 Bln vs. $4.346 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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