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MACAU, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment’s in-house training program has been awarded by the prestigious and globally renowned talent development organization Association for Talent Development (ATD) . Melco’s training program ‘M...
Summary As expected, Melco sustained EBITDA losses this quarter amid the impact of COVID restrictions on the Macau operations. While the near-term guidance is uncertain, Melco’s liquidity runway provides a nice buffer against any headwinds. The discounted valuation offe...
U.S.-listed Macau casino stocks traded higher on Wednesday after the local government said it will allow nonresidents from 41 nations entry after seven days of medical observation in a government-approved quarantine hotel. Foreign passport holders will also still required to pre...
Melco Resorts & Entertainment (NASDAQ: MLCO) got hit hard on Tuesday as its stock price was down as much as 12% in early afternoon trading. At the closing bell it was down 9.2% to $5.52 per share. It was another rough day on the markets as the Dow was down 307 points, th...
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 ...
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2024-05-06 06:00:06 ET Praveen Choudhary from Morgan Stanley issued a price target of $9.60 for MLCO on 2024-05-06 04:55:00. The adjusted price target was set to $9.60. At the time of the announcement, MLCO was trading at $7.24. The overall price target consensus is at $...
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) shares are trading higher on Tuesday after reporting first-quarter results depict...
MACAU, April 30, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (“Melco”) is pleased to announce its partnership with John Keells Holdings PLC (“John Keells”), the largest listed conglomerate on the Colombo Stock Exchange, in their US$1 billion plus...