WASHINGTON (dpa-AFX) - MGM Resorts International (MGM) reported that its first-quarter net loss attributable to the company widened to $217.25 million or $0.44 per share, from $89.87 million or $0.18 per share in the same quarter last year. The latest quarter results included the results of MGM China Holdings, Limited on a consolidated basis.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.16 per share for the quarter Analysts' estimates typically exclude special items.
Revenues for the quarter rose to $2.29 billion from $1.51 billion in the prior year quarter. Seventeen analysts had consensus revenue estimate of $2.26 billion for the quarter.
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