Earnings ·
Studio City reports Q3 net loss of $0.07 per ADS, revenue falls to US$163.3 million
MSCSTUDIO CITY INTERNATIONAL Holdings Ltd
Studio City International Holdings Limited reported unaudited third quarter 2026 results showing a net loss attributable to the company of US$13.1 million, or US$0.07 per American depositary share (ADS), compared with a US$18.6 million loss in the prior year period. Total operating revenues declined to US$163.3 million from US$182.5 million, driven by softer mass market performance and lower non-gaming revenue. Gross gaming revenues fell to US$320.9 million from US$344.4 million, while Adjusted EBITDA decreased to US$65.5 million from US$78.1 million. The company also renewed its land concession for ten years following a MOP85.7 million payment and reduced total debt by US$28.8 million to US$1.95 billion through partial note redemptions and facility repayments. Studio City International Holdings Limited operates a world-class integrated resort in Cotai, Macau.