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Melco Resorts & Entertainment Limited (MLCO) Q2 2022 Earnings Conference Call August 18, 2022 08:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Lawrence Ho - Chairman & Chief Executive Officer Geoff Davis - Executive Vic...
Melco Resorts & Entertainment ( NASDAQ: MLCO ) stock rose ~2% on Aug. 18 despite Q2 results missing analysts' estimates. Q2 total operating revenues declined -47.72% Y/Y to ~$296.11M. The company said the decrease was mainly due to COVID-19 related heig...
Melco Resorts & Entertainment press release ( NASDAQ: MLCO ): Q2 Non-GAAP EPADS of -$0.51 misses by $0.07 . Revenue of $296.1M (-47.7% Y/Y) misses by $59.66M . CEO comment: “In contrast to the challenges we have been facing in Macau, our busines...
MACAU, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class integrated resort located in Cotai, Macau, today reported its unaudited financial results for the second quarter of 202...
MACAU, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (“Melco” or the “Company”), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for t...
Melco Resorts & Entertainment ( NASDAQ: MLCO ) is scheduled to announce Q2 earnings results on Thursday, August 18th, before market open. The consensus EPS Estimate is -$0.44 (-25.7% Y/Y) and the consensus Revenue Estimate is $355.76M (-37.2% Y/Y). Over the last 2 ...
Macau will see more activity on August 2 when bars, restaurants, salons, gyms and entertainment venues reopen following a COVID-19 lockdown that lasted more than a month. Retail establishments will require visitors to show proof of a negative COVID test taken within the prior 72 hours i...
Gross gaming revenue in Macau fell 95% year-over-year during July to 398M patacas ($49M), according to the Gaming Inspection and Coordination Bureau. The monthly tally was slightly better than the consensus expectation for a 98% drop, but marked the worst month ever for the gambling...
In statements to the World Economic Forum on Tuesday, Chinese premier Li Kieqang indicated China will continue to pursue reopening policies, including the resumption of international travel. According to Chinese state media, the premier that has become the face of reopening acro...
Bear markets are certainly painful, but they help crystallize new market cycles, correct imbalances and force investors to finally accept that the old bull market is truly over. We continued to refine our positioning, adapting a more defensive posture by adding to health care and util...
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MACAU, July 12, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment’s Studio City is home to one of the World’s Most Beautiful Hotels according to UNESCO’s World Architecture & Design Award, the Prix Versailles . Awarded to W Macau – Studio City loca...
2024-07-03 04:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
MACAU, June 27, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has been awarded the talent development industry’s most rigorous and coveted recognition, 2024 BEST Award by Association for Talent Development (ATD). Globally, the award recognizes organizations that demonstrate en...