BYD - Boyd Gaming Corporation (BYD) Q4 2023 Earnings Call Transcript
2024-02-08 20:51:05 ET
Boyd Gaming Corporation (BYD)
Q4 2023 Earnings Conference Call
February 08, 2024, 05:00 PM ET
Company Participants
David Strow - Vice President, Corporate Communications
Keith Smith - President and Chief Executive Officer
Josh Hirsberg - Executive Vice President and Chief Financial Officer
Conference Call Participants
Steve Wieczynski - Stifel
Carlo Santarelli - Deutsche Bank
Joe Greff - JPMorgan
Barry Jonas - Truist
Dan Politzer - Wells Fargo
Jordan Bender - JMP
Shaun Kelley - Bank of America
David Katz - Jefferies
Brandt Montour - Barclays
Chad Beynon - Macquarie
Joe Stauff - Susquehanna
John DeCree - CBRE
Stephen Grambling - Morgan Stanley
Presentation
David Strow
Good afternoon, and welcome to the Boyd Gaming Fourth Quarter and Full Year 2023 Conference Call. My name is David Strow, Vice President of Corporate Communications for Boyd Gaming. I will be the moderator for today's call, which is being recorded on Thursday, February 8, 2024. At this time, all lines are in listen-only mode. Following our remarks, we will conduct a question-and-answer session. [Operator Instructions]
Our speakers for today's call are Keith Smith, President and Chief Executive Officer, and Josh Hirsberg, Executive Vice President and Chief Financial Officer.
Our comments today will include statements that are forward-looking statements within the Private Securities Litigation Reform Act. All forward-looking statements in our comments are as of today's date, and we undertake no obligation to update or revise the forward-looking statements. Actual results may differ materially from those projected in any forward-looking statement. There are certain risks and uncertainties, including those disclosed in our filings with the SEC that may impact our results.
During our call today, we will make reference to non-GAAP financial measures. For a complete reconciliation of historical non-GAAP to GAAP financial measures, please refer to our earnings press release and our Form 8-K furnished to the SEC today, both of which are available at investors.boydgaming.com. We do not provide a reconciliation of forward-looking non-GAAP financial measures due to our inability to project special charges and certain expenses.
Today's call is being webcast live at boydgaming.com and will be available for replay in the Investor Relations section of our website shortly after the completion of this call.
So with that, I would now like to turn the call over to Keith Smith. Keith?
Keith Smith
Thanks, David, and good afternoon, everyone.
2023 was another great year for our company as we continue to build upon the record performances we have delivered over each of the last several years. We achieved full year records for both revenues and EBITDAR with operating margins remaining well above historical levels. 2023 was the third consecutive year we set revenue and EBITDAR records on a full year basis....
Boyd Gaming Corporation (BYD) Q4 2023 Earnings Call Transcript