Melco Resorts & Entertainment Limited (MLCO) Declares $0.135 Quarterly Dividend; 1.7% Yield
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Melco Announces Record Adjusted Property EBITDA in the First Quarter 2018 and Declares Quarterly Dividend
May 3, 2018 8:15 AM EDTMACAU, May 03, 2018 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO) (Melco or the Company), a developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia, today reported its unaudited financial results for the first quarter of 2018.
Net revenue for the first quarter of 2018 was US$1,313.1 million, representing an increase of approximately 3% from US$1,277.2 million for the comparable period in 2017. The increase in net revenue was primarily attributable to higher group-wide gross gaming revenues in all gaming segments, partially offset by higher commissions... More
