Red Rock Resorts Q4 net rev $422.4M (+23% YoY); net income $200.1M

Red Rock Resorts, Inc.

2021-FY EPS reported $2.84 revenue$1,617,899,000

Q4 net revenues $422.4M, up 23% YoY from $343.4M; net income $200.1M vs $49.6M.
Q4 Adjusted EBITDA $189.7M, up 26% YoY from $150.5M.
Full year 2021 net revenues $1.6B (+37%), net income $354.8M vs loss of $174.5M.
Las Vegas operations Q4 net rev $420.5M (+33%), segment EBITDA $204.8M (+49%).
Cash $275.3M, total debt $2.89B at Dec 31; Palms sale closed in Q4.

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