Las Vegas Sands (LVS) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter was reported at the same level as the same quarter one year earlier, reflecting a decline from the immediately preceding quarter. The sequential drop reversed the upward trend seen in prior quarters.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter was reported at the same level as the same quarter one year earlier, reflecting a decline from the immediately preceding quarter. The sequential drop reversed the upward trend seen in prior quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.8B
Revenue reported for this quarter.
Quarter-over-quarter
-6.7%
Change from the immediately preceding quarter.
Year-over-year
+8.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$11.4B
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, 2023 | $2.8B | +178.1% |
| Dec 31, 2023 | $2.9B | +161.0% |
| Mar 31, 2024 | $3B | +39.6% |
| Jun 30, 2024 | $2.8B | +8.6% |
Revenue performance
Revenue decreased compared to the prior quarter, but increased compared to the same quarter last year. The trailing twelve-month revenue remained at a elevated level.
Quarterly comparison
Compared to the immediately preceding quarter, revenue declined. Compared to the same quarter one year earlier, revenue increased.
What to watch
The sequential decline in revenue, following several quarters of growth, may warrant monitoring for potential shifts in demand.