Boyd Gaming Corporation (NYSE:BYD) Q1 2022 Earnings Conference Call April 26, 2022 5:00 PM ET

Company Participants

Josh Hirsberg - EVP, Chief Financial Officer and Treasurer

Keith Smith - Chief Executive Officer

Conference Call Participants

Barry Jonas - Truist Securities

Steve Wieczynski - Stifel

Shaun Kelley - Bank of America

Carlo Santarelli - Deutsche Bank

David Katz - Jefferies

Joe Greff - JPMorgan

Dan Politzer - Wells Fargo

Thomas Allen - Morgan Stanley

Joe Stauff - Susquehanna

Operator

Good afternoon, and welcome to today's Boyd Gaming First Quarter 2022 Earnings Call. My name is Sam, and I will be your moderator for today's call. [Operator Instructions]

At this time, I'd now like to hand the call over to our host, Josh Hirsberg, Executive VP, Chief Financial Officer and Treasurer of Boyd Gaming. Josh, please proceed.

Josh Hirsberg

Thank you, Sam. Good afternoon, everyone, and welcome to our first quarter earnings conference call. Joining me on the call this afternoon is Keith Smith, our President and Chief Executive 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 SEC filings 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. 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 also 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'd now like to turn the call over to Keith Smith.

Keith?

Keith Smith

Thanks, Josh, and good afternoon, everyone. Our first quarter results were a great start to 2022 as we delivered another remarkable quarterly performance across our business and continued the momentum of a record 2021. Our continued focus on our core customer, enhanced capabilities and streamlined cost structure all contributed to record revenues, EBITDAR and operating margins in the first quarter.