Studio City International Holdings Limited (MSC) Reports Q3 Loss of $0.15

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Studio City International Holdings Limited Announces Unaudited Third Quarter 2023 Earnings

November 7, 2023 8:03 AM EST

MACAU, Nov. 07, 2023 (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 third quarter of 2023.

Total operating revenues for the third quarter of 2023 were US$137.6 million, compared with total operating revenues of negative US$2.8 million in the third quarter of 2022. The change was primarily attributable to the relaxation of COVID-19 related restrictions in Macau in January 2023 and the opening of Studio City Phase 2, which led to an increase in... More