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Melco Announces Earnings Release Date

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Melco Resorts & Entertainment Limited (Nasdaq: MLCO) will release its unaudited financial results for Q1 2022 on May 5, 2022. The results will be followed by a conference call at 8:30 a.m. Eastern Time. The company operates integrated resorts in Asia and Europe, including properties in Macau and the Philippines. An audio webcast will also be available for those interested in the results. This press release includes forward-looking statements about the company’s beliefs and expectations, highlighting potential risks related to the global economy and gaming market.

Positive
  • Scheduled release of Q1 2022 financial results could provide insights into business performance.
  • Ongoing operations in Macau and the Philippines may indicate stable revenue streams.
Negative
  • The impact of COVID-19 continues to pose risks to business operations and financial performance.
  • Uncertainties in the gaming market may affect future growth prospects.

MACAU, May 04, 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 first quarter of 2022 on Thursday, May 5, 2022 to be followed by a conference call on the same day at 8:30 a.m. Eastern Time (or 8:30 p.m. Hong Kong Time).

To join the conference call, please use the dial-in details below:
  
US Toll Free  1 833 239 5575
US Toll / International1 332 208 9458
HK Toll  852 3018 8307
HK Toll Free 800 906 613
UK Toll  44 203 692 8123
Australia Toll 61 290 833 216
Australia Toll Free1 800 754 642
  
Passcode8893598

An audio webcast will also be available at http://www.melco-resorts.com.

To access the replay, please use the dial-in details below:
  
US Toll Free1 855 452 5696
US Toll / International 1 646 254 3697
HK Toll 852 3051 2780
HK Toll Free800 963 117
Philippines Toll Free  1 800 1612 0166
  
Conference ID   8893598

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Melco Resorts & Entertainment Limited (the “Company”) may also make forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to, (i) the global COVID-19 outbreak, caused by a novel strain of the coronavirus, and the continued impact of its consequences on our business, our industry and the global economy, (ii) growth of the gaming market and visitations in Macau, the Philippines and the Republic of Cyprus, (iii) capital and credit market volatility, (iv) local and global economic conditions, (v) our anticipated growth strategies, (vi) gaming authority and other governmental approvals and regulations, (vii) proposed amendments to the gaming law in Macau, the extension of current gaming concessions and subconcessions and tender for new gaming concessions, and (viii) our future business development, results of operations and financial condition. In some cases, forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “target”, “aim”, “estimate”, “intend”, “plan”, “believe”, “potential”, “continue”, “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company undertakes no duty to update such information, except as required under applicable law.

About Melco Resorts & Entertainment Limited

The Company, with its American depositary shares listed on the Nasdaq Global Select Market (Nasdaq: MLCO), is a developer, owner and operator of integrated resort facilities in Asia and Europe. The Company currently operates Altira Macau (www.altiramacau.com), an integrated resort located at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated resort located in Cotai, Macau. Its business also includes the Mocha Clubs (www.mochaclubs.com), which comprise the largest non-casino based operations of electronic gaming machines in Macau. The Company also majority owns and operates Studio City (www.studiocity-macau.com), a cinematically-themed integrated resort in Cotai, Macau. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila (www.cityofdreamsmanila.com), an integrated resort in the Entertainment City complex in Manila. In Europe, the Company is currently developing City of Dreams Mediterranean (www.cityofdreamsmed.com.cy) in the Republic of Cyprus, which is expected to be the largest and premier integrated destination resort in Europe. The Company is currently operating a temporary casino, the first authorized casino in the Republic of Cyprus, and is licensed to operate four satellite casinos (“Cyprus Casinos”). Upon the opening of City of Dreams Mediterranean, the Company will continue to operate the satellite casinos while operation of the temporary casino will cease. For more information about the Company, please visit www.melco-resorts.com.

The Company is strongly supported by its single largest shareholder, Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited and is substantially owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company.

For the investment community, please contact:
Jeanny Kim
Senior Vice President, Group Treasurer
Tel: +852 2598 3698
Email: jeannykim@melco-resorts.com  

For media enquiries, please contact:
Chimmy Leung
Executive Director, Corporate Communications
Tel: +852 3151 3765
Email: chimmyleung@melco-resorts.com


FAQ

When will Melco Resorts (MLCO) announce Q1 2022 financial results?

Melco Resorts will announce its Q1 2022 financial results on May 5, 2022.

What time is the conference call for the Q1 2022 earnings report?

The conference call will take place at 8:30 a.m. Eastern Time on May 5, 2022.

How can I access the audio webcast for Melco Resorts earnings?

The audio webcast can be accessed on the Melco Resorts website.

What risks are associated with Melco Resorts' business?

Risks include the ongoing COVID-19 pandemic and uncertainties in the gaming market.

Melco Resorts & Entertainment Limited American Depositary Shares

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