BALY Q2 2024 Earnings — Bally's Corporation Revenue & Financial Results | Market Cap Arena

BALYBally's Corporation

$527M

Q2 2024 Earnings

Consumer Cyclical Gambling, Resorts & Casinos

Income Statement

Revenue

$622M+2.5% YoY

Gross Profit

$337M54.2% margin

Operating Income

$6M0.9% margin

Net Income

-$60M-9.7% margin

EPS (Diluted)

$-1.24

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$48M

Free Cash Flow

$1M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$6.6B

Total Liabilities

$6.2B

Stockholders' Equity

$393M

Cash & Equivalents

$155M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$622M	$606M	+2.5%
Gross Profit	$337M	$335M	+0.5%
Operating Income	$6M	$6M	-6.8%
Net Income	-$60M	-$26M	-134.7%

Revenue Segments

Casino

$525M84%

Hotel

$35M6%

Food and Beverage

$33M5%

Product and Service, Other

$29M5%

Geographic Segments

North America Interactive

$49M100%