Melco Resorts & Entertainment Swings to Q4 Adjusted Loss, Revenue Increases

MT Newswires Live

02/27

Melco Resorts & Entertainment (MLCO) reported a Q4 adjusted net loss of $0.005 per diluted American depositary share, swinging from earnings of $0.015 a year earlier.

Analysts polled by FactSet expected earnings of $0.06.

Revenue for the quarter ended Dec. 31 was $1.19 billion, up from $1.09 billion a year earlier.

Analysts surveyed by FactSet expected $1.18 billion.

Melco Resorts also said it is considering potential strategic alternatives for City of Dreams Manila in the Philippines.

Shares of the casino, resort, and entertainment company were down more than 3% in recent premarket activity.

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Entertainment (MLCO) reported a Q4 adjusted net loss of $0.005 per diluted American depositary share, swinging from earnings of $0.015 a year earlier.</p><p>Analysts polled by FactSet expected earnings of $0.06.</p><p>Revenue for the quarter ended Dec. 31 was $1.19 billion, up from $1.09 billion a year earlier.</p><p>Analysts surveyed by FactSet expected $1.18 billion.</p><p>Melco Resorts also said it is considering potential strategic alternatives for City of Dreams Manila in the Philippines.</p><p>Shares of the casino, resort, and entertainment company were down more than 3% in recent premarket activity.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MLCO","symbol_name":"新濠博亞娛樂","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2514480010","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514480010","pubTimestamp":1740664684,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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