Red Rock Resorts Q4 revenue rises 8.8% to $462.7 million; net income falls 36.0%
Red Rock Resorts reported fourth-quarter 2023 net revenues of $462.7 million, up 8.8%, while net income fell 36.0% to $108.9 million. For the full year, net revenues rose 3.6% to $1.72 billion, but net income fell 13.5% to $337.8 million. The board also declared a $1.00 special dividend per Class A share, payable March 4, 2024, in addition to a $0.25 quarterly dividend.
Key points
- Q4 2023 Adjusted EBITDA was $201.3 million, up 3.6% from $194.4 million a year earlier.
- Full-year 2023 net income attributable to the company was not separately stated; consolidated net income was $337.8 million, down 13.5%.
- Special dividend of $1.00 per Class A share, payable March 4, 2024, to holders of record on February 22, 2024.
- Quarterly dividend of $0.25 per Class A share, payable March 29, 2024, to holders of record on March 15, 2024; cash was $137.6 million and debt was $3.4 billion at December 31, 2023.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 07, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.