Boyd Gaming Corp. Q4 2008 Earnings Call Transcript

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2009-02-26 14:42:17.0

Tags: Financial, Forward-looking Statement, Boyd Gaming Corp., Call Transcript, Earnings, Conference, GAAP, Financial Accounting, Finance, Seeking Alpha

Earnings Call Excerpt

Boyd Gaming Corp. (BYD)

Q4 2008 Earnings Call

February 26, 2009 12:00 pm ET

Executives

Josh Hirsberg – Chief Financial Officer

Keith E. Smith – President, Chief Executive Officer

Paul J. Chakmak – Executive Vice President and Chief Operating Officer

Analysts

Lawrence Klatzkin – Jefferies & Co.

Felicia Hendrix – Barclays Capital

Steven Kent – Goldman Sachs

Dennis Forst – Keybanc Capital Markets

Joseph Greff – JP Morgan

Lee Olive – Citi

Kevin Coyne – Goldman Sachs

Celeste Brown – Morgan Stanley

David Katz – Oppenheimer & Co.

Dennis Farrell – Wachovia Capital Markets

Kent Green – Boston American Asset Management

Presentation

Operator

Ladies and gentlemen, the Boyd Gaming Fourth Quarter Earnings Conference Call will begin shortly. Thank you for your patience and thank you for standing by.

Ladies and gentlemen, and welcome to the Boyd Gaming Fourth Quarter Earnings Conference Call. My name is [Oneika] and I will be your operator for today. At this time all participants are in listen only mode.

We will have a question and answer session toward the end of this conference, but if at any time during the call you need assistance please press star 0 and an operator will be happy to assist you. As a reminder, this conference call is being recorded for replay purposes.

At this time, I would now like to turn the call over to Josh Hirsberg, Chief Financial Officer. Please proceed.

Josh Hirsberg

Thank you, [Oneika]. Good morning, everyone and welcome to our fourth quarter earnings conference call. Joining me today on the call are Keith Smith, our President and Chief Executive Officer, and Paul Chakmak, our Executive Vice President and Chief Operating Officer.

Our comments today will include statements relating to our future results, including the financial outlook for the coming year and expectations for the first quarter of 2009, our expansion and development projects, and other market business and property trends that are forward-looking statements within the Private Securities Litigation Reform Act.

The company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events, or otherwise. Actual results may differ materially from those projected in any forward-looking statement as a result of certain risks and uncertainties, including but not limited to those noted in our earnings release, our periodic reports, and our other filings with the SEC.

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 in the investor section of our website at boydgaming.com.

 

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