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Article: MGM Mirage Reports Third Quarter Financial Results.
- Article from:
- PR Newswire
- Article date:
- November 5, 2009
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Operating Trends Continue to Improve; Credit Facility Amended to Provide Further Financial Flexibility
LAS VEGAS, Nov. 5 /PRNewswire-FirstCall/ -- MGM MIRAGE today announced its financial results for the third quarter of 2009. The Company reported a third quarter diluted loss per share of $1.70 compared to income per share of $0.22 in the prior year third quarter. The current year results were impacted by non-cash impairment charges totaling $1.17 billion, or $1.72 loss per diluted share net of tax, including a pre-tax non-cash impairment charge of $956 million related to the Company's investment in CityCenter and a pre-tax non-cash charge of $203 million ...