Las Vegas Sands Q1 revenue $2.12B; adjusted property EBITDA $792M as recovery accelerates

LAS VEGAS SANDS CORP

2023-Q1 EPS reported $0.19 revenue$2,120,000,000

Net revenue $2.12B (up from $943M YoY); net income $145M vs net loss $478M YoY.
Consolidated adjusted property EBITDA $792M vs $110M prior year; MBS EBITDA $394M.
MBS mass gaming revenue record $549M; Macao portfolio mass gaming hit $1B first since 2019.
SCL net revenue $1.27B (up from $547M); net loss $10M vs $336M loss YoY.
Cash $6.53B, total debt $15.97B; capex $166M in Q1.

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 0.95

LAS VEGAS SANDS CORP reported first quarter ended March 31, 2023 results: revenue $2.12 billion, net income $145 million.

Period: first quarter ended March 31, 2023
Revenue: $2.12 billion
Net income: $145 million
Result: reported results

Exact text from the filing

Net revenue was $2.12 billion, compared to $943 million in the prior year quarter. Operating income was $378 million, compared to an operating loss of $302 million in the prior year quarter. Net income from continuing operations in the first quarter of 2023 was $145 million, compared to a net loss from continuing operations of $478 million in the first quarter of 2022.

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Source: SEC EDGAR

accession 0001300514-23-000034

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