STOCK TITAN

Studio City Announces Earnings Release Date

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Studio City International Holdings Limited (NYSE: MSC) will release its unaudited financial results for Q2 2020 on Form 6-K to the SEC on August 20, 2020. This announcement comes amid ongoing challenges in the gaming market due to economic conditions and visitor trends in Macau. The press release emphasizes the company's commitment to transparency and acknowledges the inherent risks and uncertainties of forward-looking statements regarding future business operations and growth strategies.

Positive
  • Upcoming Q2 2020 financial results may provide insights into recovery strategies.
Negative
  • Ongoing uncertainty in the Macau gaming market could impact future performance.
  • Potential volatility in capital and credit markets may pose risks to operations.

MACAU, Aug. 13, 2020 (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 second quarter of 2020 on Form 6-K with the U.S. Securities and Exchange Commission (“SEC”) on Thursday, August 20, 2020.

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 written or oral 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) growth of the gaming market and visitations in Macau, (ii) capital and credit market volatility, (iii) local and global economic conditions, (iv) our anticipated growth strategies, (v) gaming authority and other governmental approvals and regulations, and (vi) 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:
Richard Huang
Director, Investor Relations
Tel: +852 2598 3619
Email: richardlshuang@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 2020 financial results?

MSC will release its Q2 2020 financial results on August 20, 2020.

What is the significance of the Q2 financial results for MSC?

The Q2 financial results will provide insights into MSC's recovery strategies amid market challenges.

What risks does MSC mention in the press release?

MSC mentions risks related to the gaming market's growth, economic conditions, and capital market volatility.

How does MSC plan to address market uncertainties?

MSC outlines forward-looking statements that involve strategies aimed at navigating market uncertainties.

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

NYSE:MSC

MSC Rankings

MSC Latest News

MSC Stock Data

1.20B
770.35M
7.96%
20.52%
0.01%
Resorts & Casinos
Consumer Cyclical
Link
United States of America
Central