Las Vegas Sands (LVS) Revenue — Quarter Ended Jun 30, 2023
Revenue rose in the current quarter, building on the strong growth seen in recent periods. The increase was supported by improving operational trends across the company's properties.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue rose in the current quarter, building on the strong growth seen in recent periods. The increase was supported by improving operational trends across the company's properties.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5B
Revenue reported for this quarter.
Quarter-over-quarter
+19.9%
Change from the immediately preceding quarter.
Year-over-year
+143.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.8B
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 |
|---|---|---|
| Sep 30, 2022 | $1B | +17.3% |
| Dec 31, 2022 | $1.1B | +10.8% |
| Mar 31, 2023 | $2.1B | +124.8% |
| Jun 30, 2023 | $2.5B | +143.3% |
Revenue performance
Reported revenue was higher compared to the same quarter a year earlier, and also showed sequential improvement from the immediately preceding quarter.
Quarterly comparison
The current quarter's revenue exceeded that of the prior quarter, continuing the upward trajectory. Compared to the same period one year ago, revenue was substantially higher.
What to watch
Operating cash flows strengthened in the first half of the year compared to the prior year, reflecting improved operational performance.