Studio City International Holdings Ltd. (MSC) saw its stock price plummet by 5.41% during Thursday's intraday session following the release of its fourth-quarter financial results.

The casino operator reported an adjusted loss of $0.14 per share for the quarter, a 38.61% wider loss compared to $0.10 per share in the same period last year. This disappointing earnings performance came despite a 8.22% year-over-year increase in revenue to $152.86 million.

The market's reaction suggests that investors were displeased with the company's profitability, as the higher revenues failed to translate into improved bottom-line results. The stock's decline reflects concerns about Studio City's ability to effectively manage costs and drive earnings growth, contributing to the sell-off in the gaming company's shares.