Compared to the same period of 2019, net income increased by $150.4 million from a loss of $7.1 million. Net income was $143.4 million for the second quarter of 2021, an improvement of $261.8 million, from a loss of $118.4 million for the same period of 2020.Compared to the same period of 2019, net revenues were down 11% or $54.7 million from net revenue of $482.9 million. Net revenues were $428.2 million for the second quarter of 2021, an increase of 295%, or $319.7 million, from $108.5 million for the same period of 2020, primarily due to the closure of our properties during most of the second quarter in 2020 due to the COVID-19 pandemic.("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2021.ĭuring the second quarter the Company continued to operate its Red Rock, Green Valley Ranch, Santa Fe Station, Boulder Station, Palace Station and Sunset Station properties, together with its Wildfire Properties, while Palms Casino Resort, Texas Station, Fiesta Rancho and Fiesta Henderson remained closed during the quarter. While second quarter 2019 results are included below for comparative purposes, the 2019 results include, among other things, the results of our four currently closed properties in addition to the properties which operated in the second quarter 2021. LAS VEGAS, J/PRNewswire/ - Red Rock Resorts, Inc.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |