MGM to lose up to $8.4 million each day as it resolves cyberattack [FOX Business Network]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: FOX Business Network
MGM Resorts International is projected to lose up to $8.4 million in revenue every day until it fixes cybersecurity issues that affected its reservation system and casino floors in multiple states. According to a research note from Jefferies gaming industry analyst David Katz, the company, which fell victim to a cyberattack last week , is projected to face a near-term loss between 10% and 20% in revenue and cash flow "for the days that the current conditions exist." Ticker Security Last Change Change % MGM MGM RESORTS INTERNATIONAL Powered By According to Jefferies analysts, MGM generates about $42 million in daily revenue and $8 million in daily cash flow across the entire company. CAESARS CONFIRMS HACKER STOLE SOCIAL SECURITY NUMBERS, OTHER DATA IN CYBERATTACK It's been a week since MGM announced it was targeted by a hacker which affected the company's systems earlier. "Promptly after detecting the issue, we began an investigation with assistance from lead
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- MGM Resorts International (NYSE:MGM) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
- MGM RESORTS INTERNATIONAL ANNOUNCES NEW LONG TERM BRANDING AGREEMENT WITH MGM CHINAPR Newswire
- MGM Resorts International (NYSE:MGM) was given a new $38.00 price target on by analysts at Barclays PLC. They now have a "negative" rating on the stock.MarketBeat
MGM
Earnings
- 10/29/25 - Miss
MGM
Sec Filings
- 12/9/25 - Form 4
- 12/9/25 - Form SCHEDULE
- 12/3/25 - Form 4
- MGM's page on the SEC website