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Stock impact report

Red Rock Resorts Announces Third 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, Oct. 27, 2022 /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, 2022.Third Quarter ResultsConsolidated OperationsNet revenues were $414.4 million for the third quarter of 2022, effectively flat, from $414.8 million in the same period of 2021.Net income was $95.5 million for the third quarter of 2022, a decrease of $22.5 million, from $117.9 million in the same period of 2021.Adjusted EBITDA(1) was $181.9 million for the third quarter of 2022, a decrease of 1.4% or $2.7 million from $184.5 million in the same period of 2021.Las Vegas Operations Net revenues from Las Vegas operations were $411.6 million for the third quarter of 2022, a decrease of 0.3%, or $1.1 million, from $412.7 million in the same period of 2021.Adjusted EBITDA from Las Vegas operations was $199.9 million for the third quarter of 2022, a decrease of 0.9% or $1.7 million, from $201.7 mi Show less Read more
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