Melco Crown Entertainment (MPEL) Misses Q4 EPS by 4c
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Melco Crown Entertainment Announces Unaudited Results for the Fourth Quarter and Full Year Ended December 31, 2016 and Declares Quarterly Dividend
February 16, 2017 8:07 AM ESTMACAU, Feb. 16, 2017 (GLOBE NEWSWIRE) -- Melco Crown Entertainment Limited (Nasdaq: MPEL) (Melco Crown Entertainment or the Company or we), a developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2016.
Net revenue for the fourth quarter of 2016 was US$1,192.9 million, representing an increase of approximately 13% from US$1,058.0 million for the comparable period in 2015. The increase in net revenue was primarily attributable to the net revenue generated by a... More
