Boyd Gaming Corp. has reason for celebration. The company saw revenue and earnings grow throughout all of 2015, the casino operator confirmed this week.
In the last quarter of 2015, The Las Vegas Review Journal reports, Boyd’s net revenue jumped 2.1 percent to $542.7 million.
For all of 2015, Boyd Gaming’s net revenue increased 2.7 percent to $2.2 billion while its net income of $47.2 million, or 42 cents per share, reversed a net loss of $53 million, or 48 cents per share.
“Our operating teams continued to drive profitable revenue growth, identify additional efficiencies in our business, and successfully leverage new amenities, all of which contributed to our fifth consecutive quarter of revenue and double-digit (cash flow) growth,” Boyd Gaming CEO Keith Smith is quoted in the report.
Boyd’s CEO also cites economic turnaround figures in Las Vegas for the company revenue bounce and brighter outlook in 2016.