Studio City International Releases Third Quarter 2026 Financial Results
Yahoo Finance ·
Studio City International Holdings Limited, operating the prominent integrated resort in Cotai, Macau, has officially disclosed its unaudited financial performance for the third quarter of 2026. Total operating revenues reached US$163.3 million, contracting from US$182.5 million reported in the corresponding period of 2025. This downward movement primarily stems from softer mass market performance, a reduction in casino contract revenue, and lower overall non-gaming income. Gross gaming revenues registered at US$320.9 million. Operating income stood at US$14.7 million, alongside an Adjusted EBITDA of US$65.5 million. The net loss attributable to the company narrowed to US$13.1 million, or US$0.07 per American depositary share, compared to a net loss of US$18.6 million in the third quarter of the prior year. Total non-operating expenses primarily comprised US$27.9 million in interest expenses.
AI 시장 분석
Studio City International announced total operating revenues of $163.3 million for the third quarter of 2026, showing a decrease compared to the same period last year. Adjusted EBITDA also declined to $65.5 million due to sluggishness in the mass market and a drop in non-gaming revenue. Investors should closely monitor the recovery pace of the Macau resort market and the volatility of mass market performance.
상승 영향
- Casinos/Resorts — Gaming machine handle increased slightly year-over-year to $892.9 million, showing a recovery trend in certain segments.
하락 영향
- Casinos/Resorts — Third-quarter total operating revenues decreased to $163.3 million compared to $182.5 million in the same period last year, and net losses continued.
DYAX 전담 분석
Studio City's total operating revenues for the third quarter of 2026 reached $163.3 million, down from $182.5 million in the same period last year. This decrease was primarily driven by lower casino contract revenues and weakness in the non-gaming sector.
The mass market table games drop decreased to $846.3 million, leading to overall profitability pressure. Future stock price direction will be determined by the growth trend of Macau visitors and the potential rebound in non-gaming sector performance.
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