Boyd Gaming Corporation (BYD) Q1 2025 Earnings Call Transcript


Start Time: 17:00 January 1, 0000 5:51 PM ET

Boyd Gaming Corporation (NYSE:BYD)
Q1 2025 Earnings Conference Call
April 24, 2025, 17:00 PM ET

Company Participants

Keith Smith – President and CEO
Josh Hirsberg – EVP and CFO
David Strow – VP, Corporate Communications

Conference Call Participants

Carlo Santarelli – Deutsche Bank
Shaun Kelley – Bank of America
David Katz – Jeffries
Steve Wieczynski – Stifel
Jordan Bender – Citizens
Brandt Montour – Barclays
Ben Chaiken – Mizuho
Joe Stauff – Susquehanna
Chad Beynon – Macquarie
Max Marsh – CBRE
Barry Jonas – Truist Securities

David Strow

Good afternoon, and welcome to the Boyd Gaming First Quarter 2025 Earnings 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 we are hosting on Thursday, April 24, 2025. 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 and both of which are available at investors.boydgaming.com.



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