Loading...
•
Jun 30, 2023
Red Rock Resorts Q2 2023 Earnings Report
Red Rock Resorts' financial results for Q2 2023 were announced, with a decrease in net revenues and Adjusted EBITDA, but an increase in net income.
Key Takeaways
Red Rock Resorts reported a decrease in net revenues to $416.1 million, a rise in net income to $74.9 million, and a decrease in Adjusted EBITDA to $175.3 million for the second quarter of 2023.
Net revenues decreased by 1.5% to $416.1 million compared to the same period in 2022.
Net income increased by 130.9% to $74.9 million compared to the same period in 2022.
Adjusted EBITDA decreased by 7.2% to $175.3 million compared to the same period in 2022.
Las Vegas operations net revenues decreased by 1.8% to $412.6 million compared to the same period in 2022.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include, without limitation, statements regarding our expectations, hopes or intentions regarding the future.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...