BALY Q2 2023 Earnings — Bally's Corporation Revenue & Financial Results | Market Cap Arena

BALYBally's Corporation

$527M

Q2 2023 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$606M+9.7% YoY

Gross Profit

$335M55.3% margin

Operating Income

$6M1.0% margin

Net Income

-$26M-4.2% margin

EPS (Diluted)

$-0.48

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$80M

Free Cash Flow

$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$6.8B

Total Liabilities

$5.7B

Stockholders' Equity

$1.0B

Cash & Equivalents

$323M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$606M	$552M	+9.7%
Gross Profit	$335M	$302M	+10.9%
Operating Income	$6M	$85M	-93.0%
Net Income	-$26M	$60M	-143.1%

Revenue Segments

Loyalty Programs

$10M100%

Geographic Segments

North America Interactive

$25M100%