Melco Resorts & Entertainment Q3 Earnings Highlights

Tuesday, 13 August 2024, 12:09

Melco Resorts & Entertainment reported a Non-GAAP ADS of $0.06, surpassing analyst expectations by $0.03. Their revenue reached $1.16 billion, aligning with industry forecasts. This performance reflects the company's ongoing recovery and resilience in the hospitality sector. Investors should note these positive figures as an indicator of future growth prospects for Melco.
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Melco Resorts & Entertainment Q3 Earnings Highlights

Melco Resorts & Entertainment Q3 Earnings Overview

Melco Resorts & Entertainment has announced its third quarter earnings, showcasing a solid performance in the face of ongoing challenges.

Performance Highlights

  • Non-GAAP ADS: Reported at $0.06, exceeding expectations by $0.03.
  • Revenue: Reached $1.16 billion, which is in-line with forecasts.

Conclusion

This quarter's results demonstrate Melco's effective strategies in navigating market conditions, presenting a positive outlook for future performance.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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