Quarterly ResultJul 30, 2026, 04:24 PM
Boyd Gaming Q2 Net Income Down 13.3% to $131.2M
AI Summary
Boyd Gaming reported a 13.3% decrease in net income attributable to the company for the second quarter of 2026, reaching $131.2 million, despite total revenues remaining flat at $1.03 billion. Basic net income per share also declined by 4.9% to $1.75. The company completed the acquisition of Design Works Studios for $53.3 million, aiming to enhance its online casino capabilities. Operating income saw a significant drop of 17.2% to $200.7 million, and long-term debt increased by 27.8% to $2.61 billion since the end of 2025.
Key Highlights
- Acquired Design Works Studios for $53.3 million, enhancing online casino capabilities.
- Net income attributable to Boyd Gaming for Q2 2026 decreased 13.3% to $131.2 million.
- Total revenues for Q2 2026 remained flat at $1.03 billion.
- Basic net income per common share for Q2 2026 decreased 4.9% to $1.75.
- Operating income for Q2 2026 fell 17.2% to $200.7 million.
- Long-term debt increased 27.8% to $2.61 billion as of June 30, 2026.
- Repurchased $311.05 million in shares year-to-date.
- Paid $28.80 million in dividends year-to-date.
Price Impact
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