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Las Vegas Sands Posts Positive Q3 Report

October 24, 2022


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Las Vegas Sands Posts Positive Q3 Report

Las Vegas Sands Corporation (LVS) has just released their financial reports for Q3 and the numbers are up. The report showed that the companies net revenue jumped to $1.01 billion from its prior year of $857 million, a substantial jump. The company cut its year-on-year operating loss from $316 million last year to $177 million while also lowering the net loss to $380 million from $594 million. A comment from CEO Robert Goldstein states, “We remain confident in the recovery of travel and tourism spending across our markets… Our investment in our team members, our communities, and our industry-leading Integrated Resort property portfolio position us exceedingly well to deliver future growth as travel restrictions subside and the recovery in travel and tourism progresses.”

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