---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-003515"
form_type: "8-K"
ticker: "BYD"
cik: "0000906553"
company_name: "BOYD GAMING CORP"
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T06:14:38.389964+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Boyd Gaming Q4 revenue up 3.4% to $954M, but net income falls on $103M impairment

## Summary
- Q4 revenue $954.4M vs $922.9M YoY; net income $92.6M ($0.94/sh) vs $172.7M ($1.63) due to $103.3M non-cash impairment.
- Adjusted Q4 EPS $1.66 vs $1.72; Full-year adjusted EPS $6.31 vs $6.07; revenue $3.7B vs $3.6B.
- Property-level operating margins above 40% in Q4 and full year; returned >$475M to shareholders in 2023.
- Full-year net income $620M ($6.12) vs $639.4M ($5.87); impairment charges $107.8M in 2023 vs $40.8M in 2022.

## SEC filing metadata
- accession: 0001437749-24-003515
- form_type: 8-K
- ticker: BYD
- cik: 0000906553
- company_name: BOYD GAMING CORP
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/906553/000143774924003515/0001437749-24-003515-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/906553/000143774924003515/bgc20231220c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-003515
- JSON: https://secwatch.observer/filing/0001437749-24-003515.json
- Plain text: https://secwatch.observer/filing/0001437749-24-003515.txt

## Key facts
- Earnings Releases
  BOYD GAMING CORP reported fourth quarter ended December 31, 2023 results: revenue $954.4 million, net income $92.6 million, EPS $0.94 per share.
  - Period: fourth quarter ended December 31, 2023
  - Revenue: $954.4 million
  - Net income: $92.6 million
  - EPS: $0.94 per share
  - Result: reported results
  source text: Boyd Gaming reported fourth-quarter 2023 revenues of $954.4 million, increasing from $922.9 million in the fourth quarter of 2022. The Company reported net income of $92.6 million, or $0.94 per share, for the fourth quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/906553/000143774924003515/0001437749-24-003515-index.htm
- Earnings Releases
  BOYD GAMING CORP reported year ended December 31, 2023 results: revenue $3.7 billion, net income $620.0 million, EPS $6.12 per share.
  - Period: year ended December 31, 2023
  - Revenue: $3.7 billion
  - Net income: $620.0 million
  - EPS: $6.12 per share
  - Result: reported results
  source text: For the full year 2023, Boyd Gaming reported revenues of $3.7 billion, up from $3.6 billion for the full year 2022. The Company reported net income of $620.0 million, or $6.12 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/906553/000143774924003515/0001437749-24-003515-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.