Las Vegas Sands Results
Las Vegas Sands Reports Third Quarter 2017 Results
Consolidated Net Revenue Increased 7.7% to $3.20 Billion - Net Income Increased 13.0% to $685 Million
Consolidated Net Revenue Increased 7.7% to $3.20 Billion - Net Income Increased 13.0% to $685 Million
Consolidated Net Revenue Increased 18.6% to $3.14 Billion - Net Income Increased 61.9% to $638 Million
Consolidated Net Revenue Increased 7.4% to $3.08 Billion, Net Income Increased 5.6% to $607 Million
Net revenue for the first quarter of 2016 decreased 9.8% to $2.72 billion, compared to $3.01 billion in the first quarter of 2015. Consolidated adjusted property EBITDA of $917.6 million decreased 12.7% in the first quarter of 2016, compared to the year-ago quarter. On a hold-normalized basis, adjusted property EBITDA increased 0.9% to $1.03 billion in the first quarter of 2016.
For the Year Ended December 31, 2015 Net Revenue was $11.69 Billion, Consolidated Adjusted Property EBITDA was $4.17 Billion, Net Income Attributable to Las Vegas Sands was $1.97 Billion and Adjusted Earnings per Diluted Share was $2.55
Net revenue for the second quarter of 2015 decreased 19.4% to $2.92 billion, compared to $3.62 billion in the second quarter of 2014. Consolidated adjusted property EBITDA of $1.02 billion decreased 22.6% in the second quarter of 2015, compared to the year-ago quarter. On a hold-normalized basis, adjusted property EBITDA decreased 16.8% to $1.01 billion in the second quarter of 2015.
Net revenue for the first quarter of 2015 decreased 24.9% to $3.01 billion, compared to $4.01 billion in the first quarter of 2014. Consolidated adjusted property EBITDA of $1.05 billion decreased 29.0% in the first quarter of 2015, compared to the year-ago quarter. On a hold-normalized basis, adjusted property EBITDA decreased 25.2% to $1.02 billion in the first quarter of 2015.