Studio City Q2 revenue up 17.7%, narrows net loss

Reuters

Jul 31

<a href="https://laohu8.com/S/MSC">Studio City</a> <a href="https://laohu8.com/S/QTWO">Q2</a> 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

Metric	Beat/Miss	Actual	Consensus 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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It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSC","symbol_name":"新濠影汇","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250731:nPLX084015:1","article_id":"2555385228","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555385228","pubTimestamp":1753964001,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Studio City Q2 revenue up 17.7%, narrows net lossOverviewStudio City Q2 revenue rises to $190.1 mln, driven by mass market operationsAdjusted EBITDA for Q2 increases to $76.4 mln, reflecting revenue g","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"MSC":"新濠影汇"},"translate_title":"新濠影汇第二季度营收增长17.7%，净亏损收窄","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSC":0.9},"content_text":"Studio City Q2 revenue up 17.7%, narrows net lossOverviewStudio City Q2 revenue rises to $190.1 mln, driven by mass market operationsAdjusted EBITDA for Q2 increases to $76.4 mln, reflecting revenue growthNet loss narrows to $3.7 mln from $33.4 mln in Q2 2024Result DriversMASS MARKET OPERATIONS - Improved performance in mass market operations drove revenue increase, per companyCASINO CONTRACT REVENUE - Revenue from casino contract rose to $83.8 mln, attributed to strategic repositioningNON-GAMING REVENUES - Higher overall non-gaming revenues contributed to revenue growthKey DetailsMetricBeat/MissActualConsensus EstimateQ2 Revenue$190.10 mlnQ2 Net Income-$3.70 mlnQ2 Adjusted EBITDA$76.40 mlnQ2 Capex$16.30 mlnQ2 Operating Income$23.10 mlnPress 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.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}