MLCO Stock Recent News

Melco Resorts & Entertainment Ltd MLCO shares are trading higher by 12.12% to $11.66 going into the close of Thursday's session amid overall strength in stocks with China-related exposure. Shares of several Chinese stocks at large are trading higher as China eases some zero-Covid restrictions.

Melco Resorts & Entertainment Limited (NASDAQ:MLCO ) Q3 2022 Earnings Conference Call November 2, 2022 8:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Lawrence Ho Yau Lung - Chairman and CEO Geoffrey Stuart Davis - Executive Vice President and Chief Financial Officer Evan Winkler - President, Managing Director and Executive Director David Sisk - Chief Operating Officer, Macau Resorts Conference Call Participants George Choi - Citi Ricardo Chinchilla - Deutsche Bank Joseph Greff - JPMorgan Billy Ng - Bank of America Dennis Carson - Barclays Praveen Choudhary - Morgan Stanley Operator Ladies and gentlemen, thank you for participating in the Third Quarter 2022 Earnings Conference Call of Melco Resorts & Entertainment Limited. At this time, all participants are in a listen-only mode.

MACAU, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (Nasdaq: MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it will release its unaudited financial results for the third quarter of 2022 on Wednesday, November 2, 2022 to be followed by a conference call on the same day at 8:30 a.m. Eastern Time (or 8:30 p.m. Singapore Time).

Investors were delighted to learn that an important source of revenue could be on its way to returning.

Melco (MLCO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

As expected, Melco sustained EBITDA losses this quarter amid the impact of COVID restrictions on the Macau operations. While the near-term guidance is uncertain, Melco's liquidity runway provides a nice buffer against any headwinds.

The Hong Kong-based casino operator got some promising news on Monday, but economic headwinds produced another down day.

A key tourism statistic gives new hope to the casino operator's shareholders.

Melco Resorts & Entertainment's (MLCO) second-quarter 2022 results were hurt by COVID-related restrictions in Macau as well as mainland China.

Melco Resorts & Entertainment Limited (NASDAQ:MLCO ) Q2 2022 Earnings Conference Call August 18, 2022 8:30 AM ET Company Participants Jeanny Kim - Senior Vice President, Group Treasurer Lawrence Ho - Chairman & Chief Executive Officer Geoff Davis - Executive Vice President & Chief Financial Officer David Sisk - Chief Operating Officer-Macau Resorts Conference Call Participants Joe Greff - JPMorgan Praveen Choudhary - Morgan Stanley George Choi - Citi Ricardo Chinchilla - Deutsche Bank Operator Ladies and gentlemen, thank you for participating in the Second Quarter 2022 Earnings Conference Call of Melco Resorts & Entertainment Limited. At this time, all participants are in a listen-only mode.