|
|
Article: Wynn Resorts, Limited Reports Third Quarter Results; Wynn Las Vegas Generates EBITDA of $73.2 Million in Its First Full Quarter of Operations.
- Article from:
- Business Wire
- Article date:
- November 3, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
LAS VEGAS -- Wynn Resorts, Limited (Nasdaq:WYNN) today reported financial results for the third quarter ended September 30, 2005.
Net Revenues for the quarter were $251.4 million and adjusted net loss (excluding $13.2 million in pre-opening expenses and property charges for Wynn Las Vegas, Wynn Macau and Encore) was $1.0 million, or $0.01 per diluted share (adjusted EPS) (1). On a US GAAP (Generally Accepted Accounting Principles) basis, net loss was $14.2 million, or a net loss of $0.14 per diluted share.
Wynn Las Vegas
Net gaming revenues in the third quarter of 2005 were $123.0 million. Table games drop was $414.6 million, with win per table ...