Las Vegas Sands (LVS) Revenue — Quarter Ended Mar 31, 2024
Revenue for the quarter increased compared to the immediately preceding quarter. It also rose significantly compared to the same quarter one year earlier, driven by strong operations in Macao and Singapore.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the quarter increased compared to the immediately preceding quarter. It also rose significantly compared to the same quarter one year earlier, driven by strong operations in Macao and Singapore.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3B
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
+39.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.2B
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, 2023 | $2.5B | +143.3% |
| Sep 30, 2023 | $2.8B | +178.1% |
| Dec 31, 2023 | $2.9B | +161.0% |
| Mar 31, 2024 | $3B | +39.6% |
Revenue performance
The revenue growth reflects continued positive momentum, supported by increased visitation in key markets.
Quarterly comparison
Compared with the prior quarter, revenue was higher. Year over year, the increase was substantial.
What to watch
Monitor the sustainability of visitation trends in Macao and Singapore, which have been key growth drivers.