Red Rock has reported net revenues of $488.9m in its 2024 results for the quarter ending March 31, an increase of 12.7 per cent on the 2023 Q1 figure of $433.6m.
It seems the company’s Las Vegas operations drove the increase, being 12.9 per cent up on the previous year at $485.6m from $430m.
Net income, however, was down on 2023 at $78.4m, a decrease of 8.4 per cent from $85.5m.
Adjusted EBITDA was $209.1m, an increase of 7.7 per cent from $194.2m in 2023.
Together, the company’s cash and cash equivalents at the quarter’s end were $129.7m with a total principal amount of debt outstanding at $3.4bn.
