Wynn Resorts Q2 net income $105.2M vs loss; declares $0.25 dividend

WYNN RESORTS LTD

2022-Q2 EPS reported $0.84 revenue$3,019,501,000

Net income $105.2M ($0.84 diluted EPS) vs net loss $130.1M (-$1.14) YoY.
Revenue $1.60B, up 76% from $908.8M; Adjusted Property EBITDAR $524.5M vs $179.2M.
Macau swing to profit: Wynn Palace EBITDAR $156.6M, Wynn Macau $89.6M vs losses.
Las Vegas Operations EBITDAR $224.1M (flat); Encore Boston Harbor $69.1M (up).
Board declares $0.25/share cash dividend, payable Aug 31 to holders of record Aug 21.

item 2.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

WYNN RESORTS LTD reported second quarter ended June 30, 2023 results: revenue $1.60 billion, net income $105.2 million, EPS $0.84.

Period: second quarter ended June 30, 2023
Revenue: $1.60 billion
Net income: $105.2 million
EPS: $0.84
Result: reported results

Exact text from the filing

Operating revenues were $1.60 billion for the second quarter of 2023, an increase of $687.0 million from $908.8 million for the second quarter of 2022. Net income attributable to Wynn Resorts, Limited was $105.2 million for the second quarter of 2023, compared to net loss attributable to Wynn Resorts, Limited of $130.1 million for the second quarter of 2022. Diluted net income per share was $0.84 for the second quarter of 2023, compared to diluted net loss per share of $1.14 for the second quarter of 2022.

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Source: SEC EDGAR

accession 0001174922-23-000133

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