Red Rock Resorts Q1 2022: rev $401.6M (+14%), adj EBITDA $178.7M, net income $92.2M

Red Rock Resorts, Inc.

2022-Q1 EPS reported $0.77 revenue$401,636,000

Net revenues $401.6M (+14% YoY); net income $92.2M vs net loss $106.6M in Q1 2021.
Adjusted EBITDA $178.7M (+14% from $156.6M); Las Vegas ops adj EBITDA $194.6M (+21% from $160.7M).
Cash and cash equivalents $336.6M; total debt $2.89B.
Quarterly dividend of $0.25/Class A share declared, payable June 30, 2022 to holders of record June 16.

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