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Stock impact report

Red Rock Resorts Announces Second Quarter 2022 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, Aug. 9, 2022 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2022.During the second quarter the Company continued to operate its Red Rock, Green Valley Ranch, Santa Fe Station, Boulder Station, Palace Station and Sunset Station properties, together with its Wildfire Properties. Second Quarter ResultsConsolidated OperationsNet revenues were $422.2 million for the second quarter of 2022, a decrease of 1%, or $5.9 million, from $428.2 million in the same period of 2021.Net income was $32.4 million for the second quarter of 2022, a decrease of $110.9 million, from $143.4 million in the same period of 2021.Adjusted EBITDA(1) was $188.9 million for the second quarter of 2022, a decrease of 10% or $21.3 million from $210.2 million in the same period of 2021.Las Vegas Operations Net revenues from Las Vegas operations were $420.1 million for the second quarter of 2 Show less Read more
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