Las Vegas Sands Corp. reported net revenue of $2.92 billion and net income of $469 million for the fourth quarter of 2023. Consolidated Adjusted Property EBITDA reached $1.20 billion, with significant contributions from Macao and Marina Bay Sands. The company repurchased $505 million of its stock and is acquiring approximately $250 million of SCL stock.
Net revenue reached $2.92 billion, a 161% increase year-over-year.
Net income was $469 million, compared to a net loss of $269 million in the prior year quarter.
Consolidated adjusted property EBITDA was $1.20 billion, compared to $222 million in the prior year quarter.
The company repurchased $505 million of its common stock.
Las Vegas Sands did not provide specific forward guidance in its earnings report.
Visualization of income flow from segment revenue to net income