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AI brief of an SEC Form 8-K · Red Rock Resorts (RRR)

Red Rock Resorts Q1 revenue rises 12.7% to $488.9 million; net income falls 8.4%

Mixed Impact 3 of 5 earnings Written later

Red Rock Resorts reported first quarter 2024 results, with net revenues up 12.7% to $488.9 million and Adjusted EBITDA up 7.7% to $209.1 million. Net income fell 8.4% to $78.4 million, and diluted earnings per share were $0.68 versus $0.75 a year earlier, so top-line growth did not carry through to bottom-line profit for shareholders.

Key points

  • Net revenues were $488.9 million, up $55.3 million from $433.6 million in Q1 2023
  • Net income was $78.4 million, down $7.2 million from $85.5 million; diluted EPS was $0.68 versus $0.75
  • Loss on extinguishment/modification of debt was $14.4 million; interest expense, net was $57.2 million
  • Board declared a $0.25 per Class A share dividend payable June 28, 2024 to holders of record on June 14, 2024

The filing

CompanyRed Rock Resorts (RRR)
Form8-K, current report
Filed with the SECMay 7, 2024, 4:16 PM ET
Accession number0001193125-24-133129

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 May 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.