The company said operating revenues for Q1 2024 were $1.86 billion, an increase of $439.2 million from $1.42 billion for Q1 2023. Net income attributable to Wynn Resorts, Limited was $144.2 million, compared with $12.3 million for Q1 2023.

1. 01

   The company said operating revenues for Q1 2024 were $1.86 billion, an increase of $439.2 million from $1.42 billion for Q1 2023. Net income attributable to Wynn Resorts, Limited was $144.2 million, compared with $12.3 million for Q1 2023.

2. 02

   Wynn Resorts, Limited said Adjusted Property EBITDAR for Q1 2024 was $646.5 million, up $216.8 million from $429.7 million for Q1 2023. Adjusted net income attributable to Wynn Resorts, Limited was $176.8 million, or $1.59 per diluted share.

3. 03

   The company said operating revenues for Q1 2024 rose from Q1 2023 by $217.5 million at Wynn Palace, $181.0 million at Wynn Macau, $49.8 million at Las Vegas Operations and $1.5 million at Encore Boston Harbor.

4. 04

   The company said cash and cash equivalents as of March 31, 2024 totaled $2.42 billion, and total debt was $11.21 billion. In February 2024, it issued an additional $400.0 million of WRF Add-On Senior Notes and used the proceeds, together with cash on hand, to repurchase $681.0 million of the 2025 WLV Senior Notes, and in March it repurchased an additional $119.0 million.

Analysis 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.

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

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