Melco: Q4 Earnings Snapshot
By AP News
Published - Mar 01, 2023, 08:28 AM ET
Last Updated - Jun 22, 2023, 06:43 PM EDT
HONG KONG., Hong Kong (AP) — HONG KONG., Hong Kong (AP) — Melco Resorts and Entertainment Ltd. (MLCO) on Wednesday reported a loss of $251.9 million in its fourth quarter.
The Hong Kong., Hong Kong-based company said it had a loss of 57 cents per share. Losses, adjusted for non-recurring costs, came to 51 cents per share.
The casino company posted revenue of $337.1 million in the period.
For the year, the company reported that its loss widened to $930.5 million, or $2.01 per share. Revenue was reported as $1.35 billion.