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Mgm Resorts International Reports $157.4 Million Quarterly Profit
By USinMinutes - Feb 12, 2025, 04:11 PM ET
Last Updated - Feb 13, 2025, 02:03 AM EST
The company records $4.3 billion revenue for Q4 ended Dec 31, 2024
MGM Resorts International [MGM] reported $157.4 million profit for Q4 ended Dec 31, 2024, showing a decrease of $156 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 12, 2025 that it generated revenue of $4.3 billion for the period, showing a decrease of $29 million in the same quarter of the previous year.
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Based in Las Vegas, Nevada, the company reported $0.5 earnings per share for the period, compared to $0.9 in the last quarter.
The company's profit decreased by 49.81% from $313.5 million in the last quarter.
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The revenue decreased 0.66% from $4.4 billion in the same quarter of the previous year.
34.37 (0.08)
As of February 12, 2025 end of day trading.
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