Studio City Q2 revenue up 17.7%, narrows net loss-May 2024-www.financetom.com

Studio City Q2 revenue up 17.7%, narrows net loss

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Studio City Q2 revenue up 17.7%, narrows net loss

Jul 31, 2025 5:34 AM

Overview

* Studio City Q2 revenue rises to $190.1 mln, driven by mass market operations

* Adjusted EBITDA for Q2 increases to $76.4 mln, reflecting revenue growth

* Net loss narrows to $3.7 mln from $33.4 mln in Q2 2024

Result Drivers

* MASS MARKET OPERATIONS - Improved performance in mass market operations drove revenue increase, per company

* CASINO CONTRACT REVENUE - Revenue from casino contract rose to $83.8 mln, attributed to strategic repositioning

* NON-GAMING REVENUES - Higher overall non-gaming revenues contributed to revenue growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 $190.10

Revenue mln

Q2 Net -$3.70

Income mln

Q2 $76.40

Adjusted mln

EBITDA

Q2 Capex $16.30

mln

Q2 $23.10

Operatin mln

g Income

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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