Las Vegas Sands Q1 revenue $2.96B, net income $583M, adjusted EBITDA $1.21B

LAS VEGAS SANDS CORP

2024-Q1 EPS reported $0.66 revenue$2,959,000,000

Net revenue of $2.96B, up 40% YoY from $2.12B; net income of $583M vs. $145M in Q1 2023.
Consolidated adjusted property EBITDA of $1.21B vs. $792M a year ago.
Macao adjusted property EBITDA $610M (low hold impacted by -$31M); Marina Bay Sands adjusted EBITDA $597M (high hold +$77M).
Repurchased $450M of common stock (~9M shares at $52.47); remaining $1.05B authorized.
Quarterly dividend of $0.20 per share declared, payable May 15, 2024 to holders of record May 7.

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 0.85

LAS VEGAS SANDS CORP reported the quarter ended March 31, 2024 results: revenue $2.96 billion, net income $583 million.

Period: the quarter ended March 31, 2024
Revenue: $2.96 billion
Net income: $583 million
Result: reported results

Exact text from the filing

--- EX-99.1 (EX-99.1) --- PRESS RELEASE For Immediate Release Las Vegas Sands Reports First Quarter 2024 Results For the quarter ended March 31, 2024 • Net Revenue of $2.96 billion and Net Income of $583 million • Consolidated Adjusted Property EBITDA Reached $1.21 billion • Macao Adjusted Property EBITDA of $610 million ◦ Low Hold on Rolling Play in Macao

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Source: SEC EDGAR

accession 0001300514-24-000064

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