AI English summary of an SEC filing — figures as filed
Wynn Resorts WYNNThe company said operating revenues for Q2 2025 were $1.74 billion, an increase of $4.9 million from Q2 2024, and net income attributable to Wynn Resorts, Limited was $66.2 million, or $0.64 per diluted share, compared to $111.9 million, or $0.91 per share, for the prior-year quarter.
Key points
AI summaryThe company said operating revenues for Q2 2025 were $1.74 billion, an increase of $4.9 million from Q2 2024, and net income attributable to Wynn Resorts, Limited was $66.2 million, or $0.64 per diluted share, compared to $111.9 million, or $0.91 per share, for the prior-year quarter.
The company said Adjusted Property EBITDAR for Q2 2025 was $552.4 million, a decrease of $19.3 million from $571.7 million in the prior-year quarter, and decreased $27.3 million at Wynn Palace. It said VIP table games win as a percentage of turnover at Wynn Palace was 2.86%, below the property's expected range of 3.1% to 3.4%.
The company said cash and cash equivalents as of June 30, 2025 totaled $1.98 billion and total current and long-term debt outstanding was $10.54 billion. It said during Q2 it repurchased 2,004,418 shares at an average price of $78.88 for an aggregate cost of $158.1 million, and had $454.9 million in repurchase authority remaining.
The company said its Board of Directors declared a cash dividend of $0.25 per share, payable on August 29, 2025 to stockholders of record as of August 18. It said during Q2 it contributed $58.2 million to the 40%-owned joint venture constructing Wynn Al Marjan Island, bringing life-to-date cash contributions to $741.1 million, and the project is expected to open in 2027.
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.
Q2 Operating Revenues and Net Income
The company said operating revenues for Q2 2025 were $1.74 billion, an increase of $4.9 million from Q2 2024, and net income attributable to Wynn Resorts, Limited was $66.2 million, or $0.64 per diluted share, compared to $111.9 million, or $0.91 per share, for the prior-year quarter.
Source · Based on the filing body and exhibits
Adjusted Property EBITDAR and Property Results
The company said Adjusted Property EBITDAR for Q2 2025 was $552.4 million, a decrease of $19.3 million from $571.7 million in the prior-year quarter, and decreased $27.3 million at Wynn Palace. It said VIP table games win as a percentage of turnover at Wynn Palace was 2.86%, below the property's expected range of 3.1% to 3.4%.
Source · Based on the filing body and exhibits
Cash, Debt and Capital Returns
The company said cash and cash equivalents as of June 30, 2025 totaled $1.98 billion and total current and long-term debt outstanding was $10.54 billion. It said during Q2 it repurchased 2,004,418 shares at an average price of $78.88 for an aggregate cost of $158.1 million, and had $454.9 million in repurchase authority remaining.
Source · Based on the filing body and exhibits
Dividend Declaration and Wynn Al Marjan Island Investment
The company said its Board of Directors declared a cash dividend of $0.25 per share, payable on August 29, 2025 to stockholders of record as of August 18. It said during Q2 it contributed $58.2 million to the 40%-owned joint venture constructing Wynn Al Marjan Island, bringing life-to-date cash contributions to $741.1 million, and the project is expected to open in 2027.
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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