Brief: Studio City International Says Covid-19 Continues To Have Material Effect On Operations

Studio City International Holdings

14/05/2020 13:25

May 14 (Reuters) - Studio City International Holdings Ltd
 MSC.N :
    * STUDIO CITY INTERNATIONAL HOLDINGS LIMITED
ANNOUNCES UNAUDITED
FIRST QUARTER 2020 EARNINGS
    * STUDIO CITY INTERNATIONAL HOLDINGS LTD - TOTAL OPERATING
REVENUES FOR Q1 OF 2020 WERE US$37.1 MILLION, AS COMPARED TO
US$151.1 MILLION IN Q1 OF 2019
    * STUDIO CITY INTERNATIONAL HOLDINGS - COVID-19 CONTINUES TO
HAVE
MATERIAL EFFECT ON OUR OPERATIONS, FINANCIAL POSITION AND
PROSPECTS DURING Q2 OF 2020
    * STUDIO CITY INTERNATIONAL HOLDINGS LTD - CONSTRUCTION
PERIOD FOR
STUDIO CITY PHASE 2 LIKELY TO EXTEND BEYOND ESTIMATED ABOUT 32
MONTHS
    * STUDIO CITY INTERNATIONAL HOLDINGS LTD - QTRLY NET LOSS
ATTRIBUTABLE TO STUDIO CITY INTERNATIONAL HOLDINGS LIMITED PER
ADS $1.173

Source text for Eikon:  ID:nGNX9GRphG 
Further company coverage:  MSC.N 

 ((Reuters Messaging: Reuters.Briefs@thomsonreuters.com))