Red Rock Resorts Q1 revenue up 8% to $433.6M; net income down 7.3% to $85.5M

Red Rock Resorts, Inc.

2023-Q1 EPS reported $0.75 revenue$433,636,000

Net revenue $433.6M (+8.0% YoY); Las Vegas operations revenue $430.0M (+7.6%).
Adjusted EBITDA $194.2M (+8.6% YoY); Las Vegas ops EBITDA $214.1M (+8.0%).
Net income $85.5M, down 7.3% from $92.2M in Q1 2022.
Cash $107.7M; total debt $3.1B; quarterly dividend $0.25/share payable June 30, 2023.
Station Holdco distribution of $0.25/unit; ~$15.6M to RRR, ~$11.5M to other holders.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Red Rock Resorts, Inc. reported first quarter ended March 31, 2023 results: revenue $433.6 million, net income $85.5 million.

Period: first quarter ended March 31, 2023
Revenue: $433.6 million
Net income: $85.5 million
Result: reported results

Exact text from the filing

Net revenues were $433.6 million for the first quarter of 2023, an increase of 8.0%, or $32.0 million, from $401.6 million in the same period of 2022. Net income was $85.5 million for the first quarter of 2023, a decrease of 7.3%, or $6.7 million, from $92.2 million in the same period of 2022.

View on SEC.gov

Browse all earnings releases →

Red Rock Resorts, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-017904

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.