MGM Resorts International (MGM) Revenue — Quarter Ended Dec 31, 2024
Revenue increased sequentially from the prior quarter. However, it decreased compared to the same quarter a year ago.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue increased sequentially from the prior quarter. However, it decreased compared to the same quarter a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.3B
Revenue reported for this quarter.
Quarter-over-quarter
+3.9%
Change from the immediately preceding quarter.
Year-over-year
-0.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$17.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $4.4B | +13.2% |
| Jun 30, 2024 | $4.3B | +9.8% |
| Sep 30, 2024 | $4.2B | +5.3% |
| Dec 31, 2024 | $4.3B | -0.7% |
Revenue performance
The company reported higher revenue than the preceding quarter, but lower than the same quarter last year.
Quarterly comparison
Sequentially, revenue improved, reflecting a positive short-term trend. On an annual basis, revenue saw a slight decline.
What to watch
Monitor whether the sequential revenue growth can continue amid the year-over-year decline.