Net loss attributable to Melco Resorts & Entertainment Limited for the third quarter of 2023 was US$16.3 million, or US$0.04 per ADS, compared with US$243.8 million, or US$0.53 per ADS, in the third quarter of 2022. Melco generated Adjusted Property EBITDA (1) of US$280.6 million in the third quarter of 2023, compared with negative Adjusted Property EBITDA of US$34.9 million in the third quarter of 2022. Operating income for the third quarter of 2023 was US$94.7 million, compared with operating loss of US$198.5 million in the third quarter of 2022. The increase in total operating revenues was primarily attributable to the improved performance in all gaming segments and non-gaming operations following the relaxation of COVID-19 related restrictions in Macau in January 2023 and the opening of Studio City Phase 2. Total operating revenues for the third quarter of 2023 were US$1.02 billion, representing an increase of approximately 321% from US$241.8 million for the comparable period in 2022. 07, 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 third quarter of 2023.
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