Melco Resorts & Entertainment (MLCO) Tops Q4 EPS by 25c, Revenues Beat

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Go back to Melco Resorts & Entertainment (MLCO) Tops Q4 EPS by 25c, Revenues Beat

Melco Announces Unaudited Fourth Quarter 2020 Earnings

February 25, 2021 8:10 AM EST

MACAU, Feb. 25, 2021 (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 fourth quarter and full year ended December 31, 2020.

Total operating revenues for the fourth quarter of 2020 were US$0.53 billion, representing a decrease of approximately 64% from US$1.45 billion for the comparable period in 2019. The decrease in total operating revenues was primarily attributable to softer performance in all gaming segments and non-gaming operations as a... More