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Boyd Gaming narrows loss in Q3

31st October 2014 9:40 am GMT

Shares in Boyd Gaming Group gained 3.47 per cent in New York Thursday after the company reported improved EBITDA and a continuing reduction of debt in the third quarter.

Net revenue in the third quarter amounted to US$738.8m, practically unchanged from $738.6m a year ago, while adjusted EBITDA rose 5.5 per cent to $163.9m.Third quarter financial comparison ($’000)

Boyd Gaming president and chief executive Keith Smith commented: “This was a solid [...]

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