secwatch.observer — SEC 8-K summary
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Issuer:     BOYD GAMING CORP (BYD)
CIK:        0000906553
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001437749-24-003515
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906553/000143774924003515/0001437749-24-003515-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906553/000143774924003515/bgc20231220c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-003515

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer