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Sands' Sales, Earnings Beat on Macau Recovery, Singapore Gains [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Most Read from Bloomberg Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding Tesla Asks Investors to Approve Musk's $56 Billion Pay Again Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs Bankers Hit With Millions in Breakup Fees for Ditching New Jobs China Tells Iran Cooperation Will Last After Attack on Israel Sales grew 40% to $2.96 billion, the company said Wednesday, topping the $2.93 billion average of estimates compiled by Bloomberg. Adjusted earnings rose to 75 cents a share, ahead of Wall Street projections for 60 cents. Revenue from the company's five Macau casinos rose 42% in the quarter, which was marked by the popular Chinese New Year holiday. Sales in Singapore, where Sands own one casino, rose 37%. The company, which is controlled by the family of the late Sands founder Sheldon Adelson, bought back $450 million of its shares during the period. Most Read from Bloomberg Businessweek Aging Copper Mines Are Turning Into Money
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