MLCO - What's Going On With Casino Gaming Company Melco Resorts Shares After Q1 Results? | Benzinga
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) shares are trading higher on Tuesday after reporting first-quarter results depicting a slight debt reduction.
The company reported total operating revenues of $1.11 billion, representing an increase of approximately 55% year over year. Sales beat estimates of $1.02 billion.
The increase in total operating revenues was primarily attributable to the improved performance in all gaming segments and non-gaming operations, largely driven by the continued recovery ...