Melco Resorts & Entertainment (MLCO) Tops Q1 EPS by 6c

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Melco Announces Unaudited First Quarter 2019 Earnings and Declares Quarterly Dividend

May 7, 2019 8:04 AM EDT

MACAU, May 07, 2019 (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 2019.

Total operating revenues for the first quarter of 2019 were US$1,362.0 million, representing an increase of approximately 4% from US$1,313.1 million for the comparable period in 2018. The increase in total operating revenues was primarily attributable to a better performance in the mass market table games segment and higher non-gaming... More