Wynn Resorts Q3 2023: Revenue $1.67B, adjusted net income $112M, declares $0.25 dividend

WYNN RESORTS LTD

2022-Q3 EPS reported $0.01 revenue$4,691,437,000

Operating revenue $1.67B, up 88% YoY from $889.7M; net loss narrowed to $116.7M from $142.9M.
Adjusted diluted EPS $0.99 vs loss of $1.20 a year ago; Adjusted Property EBITDAR $530.4M, up from $173.5M.
Dividend of $0.25/share declared, payable Nov 30, 2023 to holders of record Nov 20, 2023.
Repurchased 596,948 shares at avg $94.11 for $56.2M during Q3; Wynn Las Vegas debt repurchase of $400M at 94%.
Macau operations: Wynn Palace Adjusted Property EBITDAR $177.0M vs $(21.8)M; Wynn Macau $77.9M vs $(43.8)M.

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 third quarter ended September 30, 2023 results: revenue $1.67 billion, net income -$116.7 million, EPS -$1.03.

Period: third quarter ended September 30, 2023
Revenue: $1.67 billion
Net income: -$116.7 million
EPS: -$1.03
Result: reported results

Exact text from the filing

Operating revenues were $1.67 billion for the third quarter of 2023, an increase of $782.2 million from $889.7 million for the third quarter of 2022. Net loss attributable to Wynn Resorts, Limited was $116.7 million for the third quarter of 2023, compared to net loss attributable to Wynn Resorts, Limited of $142.9 million for the third quarter of 2022. Diluted net loss per share was $1.03 for the third quarter of 2023, compared to diluted net loss per share of $1.27 for the third quarter of 2022.

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Source: SEC EDGAR

accession 0001174922-23-000159

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