Caesars Q3 revenue $3.0B, net income $74M; Adj. EBITDA record $1.04B

Caesars Entertainment, Inc.

2023-Q3 EPS reported $3.97 revenue$8,703,000,000

GAAP net revenues of $3.0B, up 3.7% YoY; GAAP net income $74M vs $52M in prior year.
Consolidated Adjusted EBITDA $1.04B, all-time quarterly record, up 3.1% YoY.
Caesars Digital turned positive: Adj. EBITDA $2M vs -$38M YoY; Regional segment posted record quarterly Adj. EBITDA.
Total debt $12.5B, cash $841M; net debt reduced to $11.6B; net leverage 3.9x.
Year-to-date debt reduction over $600M, including repayment of $250M Baltimore Term Loan.

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 0.9

Caesars Entertainment, Inc. reported financial results for the third quarter ended September 30, 2023.

Period: the third quarter ended September 30, 2023
Result: reported results

Exact text from the filing

Attached and incorporated herein by reference as Exhibit 99.1 is a copy of the press release of the Registrant, dated October 31, 2023 , reporting the Registrant’s financial results for the quarter ended September 30, 2023.

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Caesars Entertainment, Inc. filing history →

Source: SEC EDGAR

accession 0001590895-23-000120

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