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Jun 30, 2024
Red Rock Resorts Q2 2024 Earnings Report
Red Rock Resorts reported an increase in net revenues and Adjusted EBITDA, but a decrease in net income for Q2 2024.
Key Takeaways
Red Rock Resorts announced its Q2 2024 financial results, with net revenues increasing by 16.9% to $486.4 million and Adjusted EBITDA rising by 15.0% to $201.7 million. However, net income decreased by 6.8% to $69.8 million compared to the same period in 2023. The company's Las Vegas operations also saw revenue growth of 17.1% with adjusted EBITDA increasing 15.6%.
Net revenues increased by 16.9% to $486.4 million.
Net income decreased by 6.8% to $69.8 million.
Adjusted EBITDA increased by 15.0% to $201.7 million.
Las Vegas operations net revenues increased by 17.1% to $483.2 million.
Revenue by Segment
Revenue by Geographic Location
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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