ITEM 2.02. Results of Operations and Financial Condition.
The following information is being furnished under Item 2.02 - Results of
Operations and Financial Condition.
On January 25, 2023, Las Vegas Sands Corp. (the "Company") issued a press
release announcing its results of operations for the fourth quarter ended
December 31, 2022. The press release is attached as Exhibit 99.1 to this report
and is incorporated by reference into this item.
Within the Company's fourth quarter ended December 31, 2022 press release, the
Company makes reference to certain non-GAAP financial measures that supplement
the Company's consolidated financial information prepared in accordance with
accounting principles generally accepted in the United States of America
("GAAP") including "adjusted net income/loss," "adjusted earnings/loss per
diluted share," and "consolidated adjusted property EBITDA," which have directly
comparable GAAP financial measures along with "adjusted property EBITDA margin,"
"hold-normalized adjusted property EBITDA," "hold-normalized adjusted property
EBITDA margin," "hold-normalized adjusted net income/loss," and "hold-normalized
adjusted earnings/loss per diluted share." The Company believes these measures
represent important internal measures of financial performance. The specific
reasons why the Company's management believes that the presentation of the
non-GAAP financial measures provides useful information to investors regarding
the Company's financial condition, results of operations and cash flows are set
forth in the press release.
ITEM 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release, dated January 2 5 , 202 3
Cover Page Interactive Data File - the cover page XBRL tags are embedded within
104 the Inline XBRL document
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