Red Rock Resorts (RRR) Reports Q2 EPS of $0.82, Revenues Beat
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Red Rock Resorts Announces Second Quarter 2018 Results
July 31, 2018 4:01 PM EDTLAS VEGAS, July 31, 2018 /PRNewswire/ -- Red Rock Resorts, Inc. ("Red Rock Resorts," "we" or the "Company") (NASDAQ: RRR) today reported financial results for the second quarter ended June 30, 2018.  The Company has adopted FASB's new revenue recognition standard ("ASC 606"), effective January 1, 2018. Certain prior period amounts have been adjusted to reflect the full retrospective adoption of ASC 606, with no material impact on operating income, net income or Adjusted EBITDA(1).
Net revenues were $416.2 million for the second quarter of 2018, an increase of 1.5%, or $6.1 million, from $410.1 million for the same period of... More
