Las Vegas Sands (LVS) Revenue — Quarter Ended Mar 31, 2023
Revenue rose significantly in the latest quarter, with notable gains both from the prior quarter and from the same quarter one year earlier. The performance reflects a continued recovery in the company's operations.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue rose significantly in the latest quarter, with notable gains both from the prior quarter and from the same quarter one year earlier. The performance reflects a continued recovery in the company's operations.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
+89.8%
Change from the immediately preceding quarter.
Year-over-year
+124.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$5.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $1B | -10.9% |
| Sep 30, 2022 | $1B | +17.3% |
| Dec 31, 2022 | $1.1B | +10.8% |
| Mar 31, 2023 | $2.1B | +124.8% |
Revenue performance
The quarter's revenue marked a sharp upward trajectory, building on the positive momentum from recent periods.
Quarterly comparison
Compared to the immediately preceding quarter, revenue experienced a substantial sequential increase. When measured against the same quarter of the prior year, the revenue expansion was even more pronounced.
What to watch
The improvement in operating cash flows noted in the filing should be monitored for sustainability.