IAC SUMMARY RESULTS ($ in millions except per share amounts) Q3 2024 Q3 2023 Growth Revenue $ 938.7 $ 1,111.3 -16% Operating income (loss) 16.3 (32.7) NM Unrealized loss on investment in MGM Resorts International (346.3) (463.4) 25% Net loss (243.7) (390.5) 38% Diluted loss per share (2.93) (4.72) 38% Adjusted EBITDA 107.4 100.4 7% See reconciliations of GAAP to non-GAAP measures beginning on page 13.
Recent Mentions
Recent Mentions
Recent articles, blogs, and social posts pertaining to this stock
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Sources
Mentions
Mentions of this stock across all news source scraped in the past 30 days
Recent Mentions
Recent articles, blogs, and social posts pertaining to this stock
Finnhub
18.75%
Yahoo
15.63%
TipRanks
12.5%
Others
53.13%
Country
US
Industry
Consumer Discretionary
Market Cap
Large Cap
Num. Employees
45000
IPO Date
Dec 13, 1989
Country
US
Industry
Consumer Discretionary
MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The company is headquartered in Las Vegas, Nevada and currently employs 45,000 full-time employees. The Company, through subsidiaries, is a global gaming and entertainment company with domestic and international locations. The firm's segments include Las Vegas Strip Resorts, Regional Operations, and MGM China. The Las Vegas Strip Resorts segment consists of casino resorts: Aria (including Vdara), Bellagio, The Cosmopolitan of Las Vegas; MGM Grand Las Vegas, Mandalay Bay (including Delano and Four Seasons), Luxor, New York-New York (including The Park), Excalibur, and Park MGM (including NoMad Las Vegas). The Regional Operations consist of casino properties: MGM Grand Detroit in Detroit, Michigan; Beau Rivage in Biloxi, Mississippi; Borgata in Atlantic City, New Jersey; MGM National Harbor in Prince George’s County, Maryland; MGM Springfield in Springfield, Massachusetts; Empire City in Yonkers, New York, and MGM Northfield Park in Northfield Park, Ohio. The company operates approximately 16 domestic casino properties.
News Sentiment
Sentiment
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Today
Recent Mentions
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Bullish
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