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MSC Studio City International Holdings News Story

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Studio City Q2 revenue up 17.7%, narrows net loss

Overview

Studio City Q2 revenue rises to $190.1 mln, driven by mass market operations

Adjusted EBITDA for Q2 increases to $76.4 mln, reflecting revenue growth

Net loss narrows to $3.7 mln from $33.4 mln in Q2 2024

Result Drivers

MASS MARKET OPERATIONS - Improved performance in mass market operations drove revenue increase, per company

CASINO CONTRACT REVENUE - Revenue from casino contract rose to $83.8 mln, attributed to strategic repositioning

NON-GAMING REVENUES - Higher overall non-gaming revenues contributed to revenue growth

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 Revenue$190.10 mln
Q2 Net Income-$3.70 mln
Q2 Adjusted EBITDA$76.40 mln
Q2 Capex$16.30 mln
Q2 Operating Income$23.10 mln
Press Release: ID:nGNX5hXKbq (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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