Las Vegas Sands Q3 2021 Earnings Report
Key Takeaways
Las Vegas Sands Corp. reported net revenue of $857 million and an operating loss of $316 million for the quarter ended September 30, 2021. The company's financial results were impacted by heightened pandemic-related restrictions and reduced visitation, but it generated positive adjusted property EBITDA in Macao and Singapore.
Heightened pandemic-related restrictions and reduced visitation continued to impact financial results.
The company generated positive Adjusted Property EBITDA in Macao and Singapore.
Safety and security of team members and guests and support for local communities in Macao, Singapore and Las Vegas remained central to the company's efforts.
Investment and capital expenditure programs to expand and enhance integrated resort offerings in Macao and Singapore continue.
Las Vegas Sands
Las Vegas Sands
Las Vegas Sands Revenue by Segment
Las Vegas Sands Revenue by Geographic Location
Forward Guidance
Las Vegas Sands remains confident in the eventual recovery in travel and tourism spending across its markets and is positioned to deliver growth as travel restrictions subside.
Revenue & Expenses
Visualization of income flow from segment revenue to net income