AI English summary of an SEC filing — figures as filed
Las Vegas Sands LVSThe company said net revenue for Q4 2024 was $2.90 billion, down 0.7% from the prior year quarter, and net income was $392 million, compared to $469 million in the prior year quarter. Operating income was $590 million, compared to $710 million in the prior year quarter.
Key points
AI summaryThe company said net revenue for Q4 2024 was $2.90 billion, down 0.7% from the prior year quarter, and net income was $392 million, compared to $469 million in the prior year quarter. Operating income was $590 million, compared to $710 million in the prior year quarter.
The company said consolidated adjusted property EBITDA for Q4 was $1.11 billion, compared to $1.20 billion in the prior year quarter, with Macao at $571 million and Marina Bay Sands at $537 million. It cited low hold on rolling play in Macao as negatively impacting adjusted property EBITDA by $22 million.
The company said full-year 2024 operating income was $2.40 billion, compared to $2.31 billion in 2023, and net income attributable to Las Vegas Sands was $1.45 billion, or $1.96 per diluted share, in 2023, compared to $1.22 billion, or $1.60 per diluted share, in the prior year.
The company said it repurchased $450 million of common stock during Q4 2024, approximately 9 million shares at a weighted average price of $51.10, with the remaining amount authorized under its share repurchase program at $1.55 billion as of December 31, 2024. It also purchased $250 million of SCL stock during Q4 and January 2025, bringing its ownership interest to 72.3% as of January 7, 2025.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q4 2024 Net Revenue $2.90 billion, Net Income $392 million
The company said net revenue for Q4 2024 was $2.90 billion, down 0.7% from the prior year quarter, and net income was $392 million, compared to $469 million in the prior year quarter. Operating income was $590 million, compared to $710 million in the prior year quarter.
Source · Based on the filing body and exhibits
Q4 Consolidated Adjusted Property EBITDA $1.11 billion, Macao $571 million
The company said consolidated adjusted property EBITDA for Q4 was $1.11 billion, compared to $1.20 billion in the prior year quarter, with Macao at $571 million and Marina Bay Sands at $537 million. It cited low hold on rolling play in Macao as negatively impacting adjusted property EBITDA by $22 million.
Source · Based on the filing body and exhibits
2024 Operating Income $2.40 billion, Net Income Attributable to Las Vegas Sands $1.45 billion
The company said full-year 2024 operating income was $2.40 billion, compared to $2.31 billion in 2023, and net income attributable to Las Vegas Sands was $1.45 billion, or $1.96 per diluted share, in 2023, compared to $1.22 billion, or $1.60 per diluted share, in the prior year.
Source · Based on the filing body and exhibits
Q4 Common Stock Repurchased $450 million, SCL Stock Purchased $250 million
The company said it repurchased $450 million of common stock during Q4 2024, approximately 9 million shares at a weighted average price of $51.10, with the remaining amount authorized under its share repurchase program at $1.55 billion as of December 31, 2024. It also purchased $250 million of SCL stock during Q4 and January 2025, bringing its ownership interest to 72.3% as of January 7, 2025.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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