
• Reported GAAP EPS of $0.49 down -5.77% YoY • Reported revenue of $4.45B up 4.15% YoY
Bullish
MGM Resorts achieved record consolidated net revenues, driven by MGM China and Digital, and saw Las Vegas Strip Resorts' revenues increase year-over-year for the first time since 3Q24.
Bearish
MGM Resorts experienced declines in net income and Adjusted EBITDA, alongside decreased Segment Adjusted EBITDAR across Las Vegas Strip, Regional, and MGM China operations.