Melco Resorts and Entertainment

Melco Resorts & Entertainment Ltd. engages in the management and development of casino gaming and entertainment resort facilities. It focuses on the administration of Mocha Clubs, Altira Macau, City of Dreams, Studio City, and City of Dreams Manila. It operates through the following geographical segments: Macau, the Philippines, Cyprus, and Corporate and Other. The company was founded by Yau Lung Ho on March 20, 2003 and is headquartered in Hong Kong.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Melco Resorts reports solid Q2 earnings, eyes growth opportunities

Melco Resorts and Entertainment delivered strong financial results, navigated operational challenges, and outlined growth opportunities in various regions. The company's focus on enhancing customer experience and optimizing operational efficiency positions it well for future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Melco Resorts & Entertainment Ltd. engages in the management and development of casino gaming and entertainment resort facilities. It focuses on the administration of Mocha Clubs, Altira Macau, City of Dreams, Studio City, and City of Dreams Manila. It operates through the following geographical segments: Macau, the Philippines, Cyprus, and Corporate and Other. The company was founded by Yau Lung Ho in December 2004 and is headquartered in Hong Kong.

MACAU, June 23, 2022 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that on June 23, 2022, Melco Resorts (Macau) Limited (“Melco Resorts Macau”), a subsidiary of the Company, and Wynn Resorts (Macau) Limited (“Wynn Resorts Macau”) entered into an Amendment Agreement to the Subconcession Contract pursuant to which the gaming subconcession of Melco Resorts Macau, which is due to expire on June 26, 2022, was extended to December 31, 2022 (the "Extension Agreement"), which coincides with the extended expiration date of all the other concessions and subconcessions.

Melco Announces Extension of Macau Gaming Subconcession to December 31, 2022

Driving performance and sustainability initiatives to reach ambitious goals Driving performance and sustainability initiatives to reach ambitious goals

Melco releases its 2021 Sustainability Report ‘RISE to go Above & Beyond'

MACAU, May 19, 2022 (GLOBE NEWSWIRE) -- Promoting economic diversification in Macau, Melco is excited to announce the launch of Super Fun Zone at Studio City. Expected to open at the end of June 2022, Super Fun Zone is the new, family-friendly entertainment experience that will further complement the hospitality offerings of the fun-filled Studio City.

Melco announces launch of Super Fun Zone at Studio City – promoting economic diversification in Macau

Las Vegas Sands

Wynn Resorts

Shanghai, a city of 25 million people, announced it will attempt to reopen in the upcoming days.

Las Vegas Sands, Casino Stocks Surge on Hopes for End to Shanghai Lockdowns

Melco Resorts & Entertainment Limited (NASDAQ:MLCO ) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET Company Participants Lawrence Ho - Chairman, Chief Executive Officer Geoff Davis - Executive Vice President, Chief Financial Officer Jeanny Kim - Senior Vice President, Group Treasurer Evan Winkler - Director Conference Call Participants Joe Greff - JP Morgan Ricardo Chinchilla - Deutsche Bank Operator Ladies and gentlemen, thank you for participating in the First Quarter 2022 Earnings Conference Call of Melco Resorts & Entertainment Limited. At this time, all participants are in listen-only mode.

Melco Resorts & Entertainment Limited (MLCO) CEO Lawrence Ho on Q1 2022 Results - Earnings Call Transcript

Melco (MLCO) delivered earnings and revenue surprises of 5.13% and 4.96%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Melco Resorts (MLCO) Reports Q1 Loss, Lags Revenue Estimates

MACAU, May 05, 2022 (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 first quarter of 2022.

Melco Announces Unaudited First Quarter 2022 Earnings

Company's complete property portfolio attains top tier Five-Star recognition Company's complete property portfolio attains top tier Five-Star recognition

Melco continues leadership among Macau and Asia's integrated resort operators with 97 Stars achieved in 2022 Forbes Travel Guide

Melco (MLCO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Melco Resorts (MLCO) May Report Negative Earnings: Know the Trend Ahead of Q1 Release

Caesars Entertainment

DraftKings

MGM Resorts

Rush Street Interactive

Gambling spending is up, if you know where to look.

Why (Some) Gambling Stocks Are a Great Buy Right Now

Could Asia's gambling business be in for a recovery soon?

Why Casino Stocks Jumped Today

The Covid-19 pandemic and ensuing lockdown wreaked havoc on the resorts and casinos industry.

Melco Resorts & Entertainment: Returning Consumers May Begin A Recovery

If China eases its COVID-19 restrictions it could be a boon for Macao's gambling revenue.

Why Macao's Casino Stocks Jumped Today

Melco Resorts & Entertainment Ltd (NASDAQ: MLCO) reported a fourth-quarter FY21 sales decline of 9% year-on-year, to $480.61 million, reflecting softer performance in the rolling chip segment. Revenues from Casino fell 11.3% Y/Y to $390.6 million, Rooms grew 8% Y/Y, and Food.

Melco's Stock Slides As COVID-Related Travel Restrictions Hit Q4 Performance

Melco Resorts & Entertainment (MLCO) CEO, Lawrence Ho on Q4 2021 Results - Earnings Call Transcript

MACAU, March 01, 2022 (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, 2021.

Melco Announces Unaudited Fourth Quarter 2021 Earnings

Melco Resorts (MLCO) May Report Negative Earnings: Know the Trend Ahead of Q4 Release

MACAU, Feb. 07, 2022 (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 announced its subsidiary, MCO Cotai Investments Limited, has entered into a subscription agreement with Studio City International Holdings Limited (“SCIHL”) to purchase approximately 220 million Class A ordinary shares of SCIHL (the "SCIHL Class A Shares") for an aggregate purchase price of approximately US$165 million.

Melco Announces Commitment for Studio City Private Placement

Melco (MLCO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Melco (MLCO): Can Its 16.6% Jump Turn into More Strength?

Stocks like LVS, WYNN and MLCO are likely to have benefitted from new amendments in gaming concession renewals.

Casino Stocks Gain on Macau's New Gaming Law Reforms

New licensing rules may not be as harmful as feared for casino operators.

Why Macao's Casino Stocks Jumped on Friday

Find out how these companies are beating the odds in a mixed market.

These 2 Nasdaq Stocks Hit the Jackpot Friday

Casino stocks are rising on Friday following an update on regulations in Macau from the Chinese government concerning licenses. The post Casino Stocks: Why LVS, WYNN, MGM and MLCO Are Rolling Higher Today appeared first on InvestorPlace.

Casino Stocks: Why LVS, WYNN, MGM and MLCO Are Rolling Higher Today

Lottery.com

Penn Entertainment

Flutter Entertainment PLC

While the pandemic may have forced Americans indoors, we haven't lost our speculative fervor, thus boosting gambling stocks. The post 7 Gambling Stocks to Buy as Risk Appetite Soars During the Pandemic appeared first on InvestorPlace.

7 Gambling Stocks to Buy as Risk Appetite Soars During the Pandemic

Casino stocks are on the move today thanks to a recent report out of China's Macau concerning new government regulations. The post Casino Stocks: Why LVS, MLCO and WYNN Are Getting Buy-In Today appeared first on InvestorPlace.

News for Melco Resorts and Entertainment Stock (MLCO)