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Stock impact report

Red Rock Resorts Announces Third Quarter 2024 Results

Red Rock Resorts, Inc. - Class A (RRR) 
Last red rock resorts, inc. - class a earnings: 2/4 04:03 pm Check Earnings Report
Company Research Source: PR Newswire
LAS VEGAS, Nov. 7, 2024 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the third quarter ended September 30, 2024.Third Quarter ResultsConsolidated OperationsNet revenues were $468.0 million for the third quarter of 2024, an increase of 13.7%, or $56.4 million, from $411.6 million in the same period of 2023. Net income was $55.4 million for the third quarter of 2024, a decrease of 19.0%, or $13.0 million, from $68.4 million in the same period of 2023. Adjusted EBITDA(1) was $182.7 million for the third quarter of 2024, an increase of 4.3%, or $7.5 million, from $175.2 million in the same period of 2023.Las Vegas Operations Net revenues from Las Vegas operations were $464.7 million for the third quarter of 2024, an increase of 13.9%, or $56.8 million, from $408.0 million in the same period of 2023. Adjusted EBITDA from Las Vegas operations was $202.6 million for the third quarter of 2024, an increase Show less Read more
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