Red Rock Resorts (RRR) Tops Q4 EPS by 2c
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Red Rock Resorts Announces Full Year and Fourth Quarter 2016 Results
March 7, 2017 4:01 PM ESTLAS VEGAS, March 07, 2017 (GLOBE NEWSWIRE) -- Red Rock Resorts, Inc. ("Red Rock Resorts" "we" or the "Company") (NASDAQ: RRR) today announced financial results for the full year and quarter ended December 31, 2016.Â
 2016 Significant Highlights:
Successfully completed an initial public offering of 29.5 million Class A shares generating net proceeds of $541 million.Completed a $2.4 billion refinancing of Station Casinos credit facility, which provided increased borrowing capacity, additional financial flexibility and reduced borrowing costs.Acquired the Palms Casino Resort for $316 million, a property that provides key... More