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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 Q2 2021 on July 27, 2021. The company operates a premier integrated resort in Cotai, Macau, and is backed by major shareholder Melco Resorts & Entertainment. The press release includes a safe harbor statement, addressing forward-looking statements and inherent risks such as the ongoing impact of COVID-19 and economic conditions that could affect its business and financial performance.

Positive
  • None.
Negative
  • Inherent risks due to the ongoing global pandemic of COVID-19 which may impact operations.
  • Volatility in capital and credit markets could adversely affect financial conditions.

MACAU, July 20, 2021 (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 second quarter of 2021 on Tuesday, July 27, 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:
Robin Yuen
Tel: +852 2598 3619
Email: robinyuen@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 MSC release its Q2 2021 financial results?

MSC will release its unaudited financial results for the second quarter of 2021 on July 27, 2021.

What is the significance of the upcoming earnings report for MSC?

The upcoming earnings report will provide insights into MSC's financial performance and recovery amid ongoing economic challenges.

What factors could impact MSC's financial results?

Factors include the ongoing impact of COVID-19, capital market volatility, and local and global economic conditions.

Who is the largest shareholder of MSC?

The largest shareholder of MSC is Melco Resorts & Entertainment.

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

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