Melco Resorts & Entertainment (MLCO) Tops Q2 EPS by 8c

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Studio City International Holdings Limited Announces Unaudited Second Quarter 2020 Earnings

August 20, 2020 7:54 AM EDT

MACAU, Aug. 20, 2020 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC) (Studio City or the Company), a world-class integrated resort located in Cotai, Macau, today reported its unaudited financial results for the second quarter of 2020.

Total operating revenues for the second quarter of 2020 were negative US$12.5 million, as compared to total operating revenues of US$149.7 million in the second quarter of 2019. The decrease in total operating revenues was due to the decrease in revenues from the provision of gaming related services and lower non-gaming revenues as a result... More