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Stock impact report

Studio City International Holdings Limited Announces Unaudited First Quarter 2024 Earnings

Studio City International Holdings Limited American depositary shares, each representing four Class A ordinary shares (MSC) 
Last studio city international holdings limited american depositary shares, each representing four class a ordinary shares earnings: 2/20 07:58 am Check Earnings Report
Company Research Source: GlobeNewswire
MACAU, April 30, 2024 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class integrated resort located in Cotai, Macau, today reported its unaudited financial results for the first quarter of 2024. Total operating revenues for the first quarter of 2024 were US$150.2 million, compared with total operating revenues of US$51.5 million in the first quarter of 2023. The change was primarily attributable to the continued recovery in inbound tourism during the first quarter of 2024, and the opening of Studio City Phase 2 in April 2023, which led to an increase in revenue from casino contract and higher non-gaming revenues. Studio City Casino generated gross gaming revenues of US$318.4 million and US$146.7 million for the first quarters of 2024 and 2023, respectively. Studio City Casino’s rolling chip volume was US$525.8 million in the first quarter of 2024 versus US$718.5 million in the first quarter of 2023 Show less Read more
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