Red Rock Resorts (RRR) Reports Q2 EPS of 1c
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Red Rock Resorts Announces Second Quarter 2016 Results
August 15, 2016 4:02 PM EDTLAS VEGAS, Aug. 15, 2016 (GLOBE NEWSWIRE) -- Red Rock Resorts, Inc. ("Red Rock Resorts" "we" or the "Company") (NASDAQ: RRR) today announced the results of its operations for the second quarter ended June 30, 2016.Â
Key Second Quarter Highlights:
Successfully completed an initial public offering of 29.5 million Class A shares generating net proceeds of $541 million, including the exercise of the underwriters overallotment.Announced its consolidated subsidiary, Station Casinos LLC (Station Casinos), entered into a definitive agreement to acquire the Palms Casino Resort for $312.5 million. It is... More