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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 Q4 and the fiscal year ending December 31, 2022, on March 1, 2023. The forthcoming report will provide insights into the company’s financial performance amid ongoing challenges such as COVID-19 and the newly adopted gaming law in Macau. As a key player in the integrated resort sector, Studio City operates in a competitive environment that can impact visitation and revenue trends. Detailed analyses will be available in the upcoming report, addressing the company's growth strategies and financial stability.

Positive
  • Upcoming Q4 and annual financial results to be released on March 1, 2023.
Negative
  • Ongoing risks from COVID-19 affecting business operations.
  • Uncertainties related to the newly adopted gaming law in Macau.
  • Volatility in capital and credit markets could impact financial performance.

MACAU, Feb. 24, 2023 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC), a world-class integrated resort located in Cotai, Macau, today announces that it will release its unaudited financial results for the fourth quarter and year ended December 31, 2022 on Wednesday, March 1, 2023.

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) COVID-19 outbreaks, and the continued impact of its consequences on our business, our industry and the global economy, (ii) risks associated with the newly adopted gaming law in Macau and its implementation by the Macau government, (iii) changes in the gaming market and visitations in Macau, (iv) capital and credit market volatility, (v) local and global economic conditions, (vi) our anticipated growth strategies, (vii) gaming authority and other governmental approvals and regulations, 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 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 majority owned by 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:
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 Studio City release its financial results for 2022?

Studio City will release its unaudited financial results for Q4 and the year ended December 31, 2022, on March 1, 2023.

What are the risks highlighted for Studio City in the upcoming financial results?

The risks include ongoing COVID-19 impacts, uncertainties from the new gaming law in Macau, and capital market volatility.

What is the stock symbol for Studio City International Holdings?

The stock symbol for Studio City International Holdings is MSC.

What financial metrics will Studio City report on March 1, 2023?

The report will include unaudited financial results for Q4 and the full year 2022, detailing revenue, earnings per share, and growth strategies.

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

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