Las Vegas Sands' third-quarter profit dropped 23 percent, burdened by its luxury casino business in Macau, the gambling enclave in China that has seen fewer VIP gamblers as a result of the government's anti-corruption crackdown.
But the casino operator's profit still topped Wall Street's expectations and its shares rose in after-hours trading.
The Las Vegas-based company said it had net income of $519.4 million, or 65 cents per share, up from $671.7 million, or 83 cents a share a year ago. Earnings, adjusted for non-recurring costs, were 66 cents per share in the latest quarter.
Its stock was up $2, or 4 percent, to $48.84 in extended trading following the earnings release.
Las Vegas Sands shares have fallen almost 20 percent since the beginning of the year through the close of regular-session trading Wednesday.
