Studio City International Holdings Ltd. reports third quarter revenue of US$182.5 million and net loss of US$18.6 million
Studio City International Holdings Ltd. reported total revenues of US$182.5 million for the third quarter of 2025, up from US$174.6 million in the same period of 2024. Non-gaming revenues were US$105.2 million, compared with US$107.3 million in the third quarter of 2024. Gross gaming revenues at Studio City Casino reached US$344.4 million, an increase from US$335.5 million in 2024. Operating income rose to US$23.9 million from US$16.0 million year-on-year. Adjusted EBITDA for the quarter was US$78.1 million, up from US$68.2 million, mainly due to increased revenue from casino contract. The net loss attributable to Studio City International Holdings was US$18.6 million, or US$0.10 per ADS, compared with a net loss of US$21.0 million, or US$0.11 per ADS, in the prior year. As of September 30, 2025, total cash and bank balances were US$99.6 million, and total debt, net, stood at US$2.06 billion, reflecting a reduction following repayments during the quarter.
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