Las Vegas Sands Corp.
Las Vegas Sands Corp. Corrects EPS Figures in Amended 8-K/A Filing
Summary
On February 7, 2024, Las Vegas Sands Corp. filed an amended Form 8-K/A to correct the number of basic and diluted weighted average common shares outstanding for the year ended December 31, 2023, resulting in revised basic and diluted earnings per share (EPS) figures. The corrected press release, attached as Exhibit 99.1, updated the EPS from $1.62 to $1.60 for the year. This correction did not affect the overall financial performance reported but ensured the accuracy of the reported financial metrics. The company reported a net income of $1.43 billion for the year, or $1.60 per diluted share, and consolidated adjusted property EBITDA of $4.085 billion. This amendment was made to reflect the corrected financial data and did not introduce any new material financial information.
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About Las Vegas Sands Corp.
Las Vegas Sands Corp. is a leading developer and operator of world-renowned integrated resorts. The company's primary function is to create and manage properties that combine upscale hotels, state-of-the-art convention and exhibition facilities, and top-tier entertainment options. These resorts particularly cater to the corporate hospitality sector, offering expansive meeting and conference spaces that attract international business tourism. Las Vegas Sands Corp. has a significant presence in the Asia-Pacific and United States regions, owning landmark properties such as The Venetian and The Palazzo on the Las Vegas Strip and Marina Bay Sands in Singapore. The company's focus on luxury and comprehensive hospitality services underscores its impact on the travel and leisure industry. With a commitment to sustainability and innovation, Las Vegas Sands Corp. plays a vital role in shaping the future of global tourism and hospitality, contributing substantially to the economic development of the regions where it operates.
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