Compared to the same period of 2019, Adjusted EBITDA is up 8.0% or $11.6 million from $145.1 million. Adjusted EBITDA (1) was $156.6 million for the first quarter of 2021, an increase of 110.8%, or $82.3 million, from $74.3 million in the same period of 2020.Compared to the same period of 2019, the net loss is a decrease of $126.8 million from net income of $20.3 million. Net loss was $106.6 million for the first quarter of 2021, an improvement of $71.2 million, from a loss of $177.8 million for the same period of 2020.
Compared to the same period of 2019, net revenues were down 21.1% or $94.4 million from net revenue of $447.0 million. Primarily due to the on-going impacts of the COVID-19 pandemic. Net revenues were $352.6 million for the first quarter of 2021, a decrease of 6.6%, or $24.8 million, from $377.4 million for the same period of 2020,.('Red Rock Resorts,' 'we' or the 'Company') (NASDAQ: RRR) today reported financial results for the first quarter ended March 31, 2021.ĭuring the first quarter the Company continued to execute on its phased reopening program, and operated its first-to-reopen properties of Red Rock, Green Valley Ranch, Santa Fe Station, Boulder Station, Palace Station and Sunset Station, together with its Wildfire Properties. LAS VEGAS, /PRNewswire/ - Red Rock Resorts, Inc.
