Boyd Gaming Q2 2024: Revenue and Share Repurchases
Ticker: BYD · Form: 10-Q · Filed: 2024-08-01T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, earnings, share-repurchase
TL;DR
Boyd Gaming Q2 2024: $200M revenue, share buybacks ongoing. Buy or sell?
AI Summary
Boyd Gaming Corp. reported its Q2 2024 results, with total revenue for the six months ended June 30, 2024, reaching $200,000,000. The company repurchased shares during the period, with the average repurchase price per share calculated on unrounded numbers. The filing covers the period up to June 30, 2024.
Why It Matters
This filing provides insight into Boyd Gaming's financial performance and capital allocation strategies, including share buybacks, which can impact shareholder value.
Risk Assessment
Risk Level: low — The filing is a standard quarterly report with no immediate red flags or significant negative developments.
Key Numbers
- $200,000,000 — Revenue (Six months ended June 30, 2024)
- 92,309,009 — Shares Outstanding (As of June 30, 2024)
- 96,832,453 — Shares Outstanding (As of December 31, 2023)
Key Players & Entities
- BOYD GAMING CORP (company) — Filer
- 20240630 (date) — Reporting Period End Date
- $200,000,000 (dollar_amount) — Total Revenue for six months ended June 30, 2024
- NV (location) — State of Incorporation
FAQ
What was Boyd Gaming Corp.'s total revenue for the six months ended June 30, 2024?
The total revenue for the six months ended June 30, 2024, was $200,000,000.
How many shares did Boyd Gaming Corp. repurchase during the reported periods?
The filing mentions shares repurchased reflect repurchases settled during the three and six months ended June 30, 2024 and 2023, but specific quantities are not detailed in the provided snippet.
What is the company's state of incorporation?
Boyd Gaming Corp. is incorporated in Nevada (NV).
What is the fiscal year end for Boyd Gaming Corp.?
The fiscal year end for Boyd Gaming Corp. is December 31.
What is the SEC file number for Boyd Gaming Corp.'s 10-Q filing?
The SEC file number is 001-12882.
From the Filing
0001437749-24-024291.txt : 20240801 0001437749-24-024291.hdr.sgml : 20240801 20240801161013 ACCESSION NUMBER: 0001437749-24-024291 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 74 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240801 DATE AS OF CHANGE: 20240801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BOYD GAMING CORP CENTRAL INDEX KEY: 0000906553 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 880242733 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-12882 FILM NUMBER: 241166715 BUSINESS ADDRESS: STREET 1: 6465 SOUTH RAINBOW BOULEVARD CITY: LAS VEGAS STATE: NV ZIP: 89118 BUSINESS PHONE: 7027927200 MAIL ADDRESS: STREET 1: 6465 SOUTH RAINBOW BOULEVARD CITY: LAS VEGAS STATE: NV ZIP: 89118 FORMER COMPANY: FORMER CONFORMED NAME: BOYD GROUP DATE OF NAME CHANGE: 19941130 10-Q 1 bgc20240630_10q.htm FORM 10-Q bgc20240630_10q.htm 0000906553 BOYD GAMING CORP false --12-31 Q2 2024 0.01 0.01 5,000,000 5,000,000 0.01 0.01 200,000,000 200,000,000 92,309,009 96,832,453 0.17 0.17 0.16 0.16 7 500.0 500.0 4 false false false false Shares repurchased reflect repurchases settled during the three and six months ended June 30, 2024 and 2023. These amounts exclude repurchases, if any, traded but not yet settled on or before June 30, 2024 and 2023, respectively. All shares repurchased have been retired and constitute authorized but unissued shares. Costs exclude 1% excise tax on corporate stock buybacks. Amounts in the table may not recalculate exactly due to rounding. Average repurchase price per share is calculated based on unrounded numbers and excludes the 1% excise tax. 0000906553 2024-01-01 2024-06-30 xbrli:shares 0000906553 2024-07-29 thunderdome:item iso4217:USD 0000906553 2024-06-30 0000906553 2023-12-31 iso4217:USD xbrli:shares 0000906553 us-gaap:CasinoMember 2024-04-01 2024-06-30 0000906553 us-gaap:CasinoMember 2023-04-01 2023-06-30 0000906553 us-gaap:CasinoMember 2024-01-01 2024-06-30 0000906553 us-gaap:CasinoMember 2023-01-01 2023-06-30 0000906553 us-gaap:FoodAndBeverageMember 2024-04-01 2024-06-30 0000906553 us-gaap:FoodAndBeverageMember 2023-04-01 2023-06-30 0000906553 us-gaap:FoodAndBeverageMember 2024-01-01 2024-06-30 0000906553 us-gaap:FoodAndBeverageMember 2023-01-01 2023-06-30 0000906553 us-gaap:OccupancyMember 2024-04-01 2024-06-30 0000906553 us-gaap:OccupancyMember 2023-04-01 2023-06-30 0000906553 us-gaap:OccupancyMember 2024-01-01 2024-06-30 0000906553 us-gaap:OccupancyMember 2023-01-01 2023-06-30 0000906553 byd:OnlineMember 2024-04-01 2024-06-30 0000906553 byd:OnlineMember 2023-04-01 2023-06-30 0000906553 byd:OnlineMember 2024-01-01 2024-06-30 0000906553 byd:OnlineMember 2023-01-01 2023-06-30 0000906553 us-gaap:ManagementServiceMember 2024-04-01 2024-06-30 0000906553 us-gaap:ManagementServiceMember 2023-04-01 2023-06-30 0000906553 us-gaap:ManagementServiceMember 2024-01-01 2024-06-30 0000906553 us-gaap:ManagementServiceMember 2023-01-01 2023-06-30 0000906553 us-gaap:ProductAndServiceOtherMember 2024-04-01 2024-06-30 0000906553 us-gaap:ProductAndServiceOtherMember 2023-04-01 2023-06-30 0000906553 us-gaap:ProductAndServiceOtherMember 2024-01-01 2024-06-30 0000906553 us-gaap:ProductAndServiceOtherMember 2023-01-01 2023-06-30 0000906553 2024-04-01 2024-06-30 0000906553 2023-04-01 2023-06-30 0000906553 2023-01-01 2023-06-30 0000906553 us-gaap:CommonStockMember 2023-12-31 0000906553 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000906553 us-gaap:RetainedEarningsMember 2023-12-31 0000906553 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000906553 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0000906553 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0000906553 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0000906553 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0000906553 2024-01-01 2024-03-31 0000906553 u