A festive mood permeated MGM Resorts International’s recent second-quarter earnings call, with President and CEO Bill Hornbuckle saying the results were “nothing short of spectacular.”
MGM Resorts reported $3.26 billion in total revenue and $1.78 billion in net income for the three months ending June 30, including a record $825.3 million in pre-tax earnings at its Las Vegas properties.
During the Q&A portion of the earnings call, some analysts finished their queries by congratulating Hornbuckle on the quarter.
MGM Resorts’ bottom line looked a lot different two years ago during the casino shutdown caused by the coronavirus pandemic. In the second quarter of 2020, MGM Resorts posted a mere $290 million in total revenue, almost $3 billion less than this year, with a net loss of $1 billion.
