Red Rock Resorts (RRR) Reports Q3 EPS of 20c
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Red Rock Resorts Announces Third Quarter 2016 Results
November 7, 2016 4:00 PM ESTLAS VEGAS, Nov. 07, 2016 (GLOBE NEWSWIRE) -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today announced its financial results for the third quarter ended September 30, 2016.Â
Key Highlights:
Highest third quarter Adjusted EBITDA since 2008.Highest year-over-year net revenue growth in Las Vegas in over sixteen quarters.Successfully completed the acquisition of Palms Casino Resort (the Palms) on October 1, 2016, for a total purchase price of $312.5 million.Commenced construction of a $115 million expansion and upgrade at Palace Station Hotel & Casino ("Palace... More