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Studio City Announces Earnings Release Date

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Studio City International Holdings Limited (NYSE: MSC) will release its unaudited financial results for Q1 2021 on Form 6-K with the SEC on April 28, 2021. The company, known for its integrated resort in Cotai, Macau, indicates that the earnings report will be significant for investors. A safe harbor statement reminds stakeholders that forward-looking statements are subject to various risks, including the ongoing impact of COVID-19, market conditions, and regulatory approvals. The company is supported by its largest shareholder, Melco Resorts & Entertainment.

Positive
  • Upcoming financial results may provide insights into recovery trends post-COVID-19.
  • Strengthened by support from major shareholder Melco Resorts & Entertainment.
Negative
  • Continued uncertainty due to COVID-19 may adversely affect business recovery.
  • Dependence on market conditions and regulatory approvals poses potential risks.

MACAU, April 21, 2021 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC), a world-class integrated resort located in Cotai, Macau, today announces that it will furnish its unaudited financial results for the first quarter of 2021 on Form 6-K with the U.S. Securities and Exchange Commission (“SEC”) on Wednesday, April 28, 2021.

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. Studio City International Holdings 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 pandemic of COVID-19, 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, (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, and (vii) 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 Studio City International Holdings Limited

The Company, with its American depositary shares listed on the New York Stock Exchange (NYSE: MSC), is a world-class integrated resort located in Cotai, Macau. For more information about the Company, please visit www.studiocity-macau.com.

The Company is strongly supported by its single largest shareholder, Melco Resorts & Entertainment Limited, a company with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MLCO).

For the investment community, please contact:
Timothy Mazik
Tel: +852 2598 3516
Email: timothymazik@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 Studio City (MSC) release its Q1 2021 financial results?

Studio City International Holdings Limited (NYSE: MSC) will release its Q1 2021 financial results on April 28, 2021.

What are the potential risks for MSC's business as mentioned in the press release?

The press release highlights risks including the ongoing impact of COVID-19, market volatility, and the need for regulatory approvals.

Who is the largest shareholder of Studio City (MSC)?

The largest shareholder of Studio City International Holdings Limited (NYSE: MSC) is Melco Resorts & Entertainment.

What is the significance of the upcoming financial report for MSC investors?

The upcoming financial report is expected to offer insights into the company's performance and recovery from the impacts of COVID-19.

Studio City International Holdings Limited American depositary shares, each representing four

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