Las Vegas Sands, a land-based casino operator, has reported a 178.1% year-on-year increase in revenue to $2.80bn in Q3. This surge in revenue comes as the company continues to recover from the impact of Covid-19 restrictions being lifted in Macao and Singapore. The positive financial results have prompted Las Vegas Sands to authorize its first share buyback program since 2020, indicating management's confidence in the business after years of pandemic-related hardship.
Land-based casino operator Las Vegas Sands reported a 178.1% year-on-year increase in revenue to $2.80bn (£2.31bn/€2.65bn) in Q3 as it continued to feel the impact of Covid-19 restrictions being dropped in Macao and Singapore https://t.co/W6uu49Hgfv https://t.co/1KPBl4v0TF
Las Vegas Sands authorized its first share buyback program since 2020, signaling management’s confidence in the business after years of pandemic-related hardship https://t.co/xmMcf3QshM
$LVS authorized $2bn share buyback
Lam Research beats by $0.51, beats on revs; guides Q2 (Dec) EPS in-line, revs in-line $LRCX
Las Vegas Sands reports EPS in-line, beats on revs; announces dividend and increased buyback authorization $LVS