MGM selling off Bellagio, Circus Circus in Las Vegas

1 BUSINESS

Business News - Opportunities - Reviews

 

 

MGM reports higher Q2 revenue, lower profit

MGM Resorts International MGM reported a weaker profit in the latest quarter, as higher expenses cut into the company’s bottom line. The casino operator said Thursday it had a second-quarter profit of $43.4 million, or 8 cents a share, down from $123.8 million, or 21 cents a share, a year earlier. Excluding one-time items, adjusted earnings were 23 cents a share, falling short of the 24 cents a share analysts polled by FactSet were expecting.

1 BUSINESS

Business News - Opportunities - Reviews

 

 

Leave a Reply