Las Vegas Sands Q2 net revenue $2.54B, net income $368M, reinstates $0.20 dividend

LAS VEGAS SANDS CORP

2023-Q2 EPS reported $0.60 revenue$4,662,000,000

Net revenue $2.54B vs $1.05B YoY; net income $368M vs net loss $414M in Q2 2022.
Consolidated adjusted property EBITDA $973M, strongest since 2019, vs $209M YoY.
Marina Bay Sands EBITDA $432M; Macao EBITDA $541M; recovery progressing.
Quarterly dividend reinstated at $0.20/share; payable Aug 16, 2023 to Aug 8 record date.
Total debt $14.70B; unrestricted cash $5.77B; SCL net revenues $1.62B.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LAS VEGAS SANDS CORP reported quarter ended June 30, 2023 results: revenue $2.54 billion, net income $368 million.

Period: quarter ended June 30, 2023
Revenue: $2.54 billion
Net income: $368 million
Result: reported results

Exact text from the filing

Net revenue was $2.54 billion, compared to $1.05 billion in the prior year quarter. Operating income was $537 million, compared to an operating loss of $147 million in the prior year quarter. Net income from continuing operations in the second quarter of 2023 was $368 million

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Source: SEC EDGAR

accession 0001300514-23-000079

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