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2023-03-08 08:51:30 ET Melco ( NASDAQ: MLCO ) entered into a share repurchase agreement with its wholly owned subsidiaries, Melco International Development (MIDL) and Melco Leisure and Entertainment wherein it will repurchase 40.4M of shares from Melco ...
MACAU, March 08, 2023 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (the “Company”), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it has entered into a share repurchase agreement with Mel...
2023-03-06 22:40:39 ET Summary Melco is set to capture pent-up travel and gambling demand at its Macau casinos as China moves past the pandemic disruptions. The company reported Q4 earnings, highlighted by positive comments from management suggesting strong trends into the current...
Melco Resorts & Entertainment ( MLCO ) is trading around +8% on Wednesday after posting better-than-expected EPADS for Q4, although revenues fell short of analysts' estimates. Total operating revenues fell around 30% Y/Y to US$337.1M, with COVID-19 related travel restrictions ...
Melco Resorts & Entertainment Limited (MLCO) Q4 2022 Earnings Conference Call March 1, 2023 08:30 ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Lawrence Ho Yau Lung - Chairman & Chief Executive Officer Geoffrey Davis - Executive Vi...
Macau gaming stocks rallied on Wednesday after a 33% year-over-year increase in gross gaming revenue was reported for February. The GGR tally also represented a 40% recovery from the pre-pandemic level in 2019. CBRE Equity Research analyst John DeCree thinks the momentum in Macau may be bette...
Melco Resorts & Entertainment press release ( NASDAQ: MLCO ): Q4 GAAP EPADS of -$0.57 beats by $0.26 . Revenue of $337.1M (-29.9% Y/Y) misses by $69.71M . Melco generated negative Adjusted Property EBITDA of $6.8M in the fourth quarter of 2022, compared with A...
MACAU, March 01, 2023 (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 the fo...
Gross gaming revenue in Macau increased 33% year-over-year in February to 10.3B patacas ($1.3B) to edge past the consensus estimate of analysts. The GGR tally was down 10.8% from the level seen in January, with the timing of the Chinese New Year holiday period a factor in the comparison between t...
Gainers Lionheart III Corp ( LION ) +23% . Sarepta Therapeutics, Inc. ( SRPT ) +16% . Schrodinger, Inc. ( SDGR ) +12% . Mount Rainier Acquisition Corp. ( RNER ) +11% . eHealth, Inc. ( EHTH ) +9% . Losers: Novavax, Inc. ( NVAX )...
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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...