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Melco Resorts & Entertainment Ltd (MLCO.OQ)

MLCO.OQ on NASDAQ Stock Exchange Global Select Market

26.12USD
12 Dec 2017
Change (% chg)

$-0.25 (-0.95%)
Prev Close
$26.37
Open
$26.16
Day's High
$26.34
Day's Low
$25.75
Volume
631,682
Avg. Vol
735,356
52-wk High
$27.47
52-wk Low
$14.89

Latest Key Developments (Source: Significant Developments)

Melco Q3 revenue $1.377 billion versus I/B/E/S view $1.32 billion
Thursday, 2 Nov 2017 08:07am EDT 

Nov 2 (Reuters) - Melco Resorts & Entertainment Ltd ::Melco announces record adjusted property ebitda in the third quarter 2017 and declares quarterly dividend.Q3 revenue $1.377 billion versus I/B/E/S view $1.32 billion.Melco Resorts & Entertainment Ltd - ‍"gaming revenue growth momentum in Macau has remained strong"​.Melco Resorts & Entertainment Ltd qtrly ‍net income attributable to Melco Resorts & Entertainment Limited per ads $0.235.Melco Resorts & Entertainment Ltd qtrly ‍adjusted net income attributable to Melco Resorts & Entertainment Limited per ads $0.310​.  Full Article

Studio City International Holdings Ltd files registration statement for possible IPO
Monday, 14 Aug 2017 08:36am EDT 

Aug 14 (Reuters) - Melco Resorts & Entertainment Ltd :Studio City International Holdings Limited announces confidential filing of draft registration statement for initial public offering.Studio City International Holdings - registration statement is for a possible IPO of american depositary shares representing co's ordinary shares.Studio City International Holdings - proposed IPO expected to commence as market conditions permit and is subject to co publicly filing form F-1 with SEC.  Full Article

Melco Resorts & Entertainment Q2 net income $0.08 per ADS
Thursday, 27 Jul 2017 08:22am EDT 

July 27 (Reuters) - Melco Resorts & Entertainment Ltd ::Melco Resorts & Entertainment Ltd - net revenue for Q2 was $1,298.2 million versus $1,070.4 million a year ago.Melco Resorts & Entertainment - on GAAP basis, operating income for Q2 was US$127.4 million, compared with operating income of US$72.4 million a year ago.Q2 revenue view $1.24 billion -- Thomson Reuters I/B/E/S.Melco Resorts & Entertainment - on GAAP basis, net income attributable to Melco Resorts & Entertainment Limited for Q2 of 2017 was US$0.08 per ADS.Q2 earnings per share view $0.18 -- Thomson Reuters I/B/E/S.  Full Article

Melco Resorts Finance announces proposed 4.875% senior notes offering
Monday, 26 Jun 2017 12:53pm EDT 

June 26 (Reuters) - Melco Resorts Finance Limited :Melco Resorts Finance announces proposed 4.875% senior notes offering.Melco Resorts Finance Limited - proposes to conduct an international offering of 4.875% senior notes due 2025.Melco Resorts Finance - net proceeds, together with cash on hand if applicable, will be used to repay in full a drawdown in amount of $350 million from revolving credit facility.Melco Resorts Finance Limited -proposed additional notes to be issued under indenture under which co issued US$650 million of 4.875% senior notes due 2025.  Full Article

Melco International Development says Crown Sub to dispose its remaining stake in Melco Resorts
Monday, 8 May 2017 10:50am EDT 

May 8 (Reuters) - Melco International Development Ltd <0200.HK>:Crown Sub has agreed to dispose of its remaining shareholding in Melco Resorts.Melco resorts entered into share repurchase agreement with Crown Sub and Crown.Melco resorts has agreed to repurchase an aggregate 165.3 million melco resorts shares from crown sub.  Full Article

Melco Resorts & Entertainment-launch of public offering of 27.8 million adss
Monday, 8 May 2017 07:05am EDT 

May 8 (Reuters) - Melco Resorts & Entertainment Ltd : :Melco Resorts & Entertainment - launch of public offering of 27.8 million adss,82 million ordinary shares for 165.3 million ordinary shares, concurrent repurchase from Crown Resorts.Melco Resorts & Entertainment - upon completion of offering and repurchase expected to occur on May 15, crown will no longer hold any shares in Melco.  Full Article

Melco Resorts qtrly net income attributable to co US$0.23 per ads
Thursday, 4 May 2017 08:16am EDT 

May 4 (Reuters) - Melco Resorts & Entertainment Ltd :Melco announces unaudited first quarter 2017 earnings and declares quarterly dividend.Q1 revenue $1.277 billion versus i/b/e/s view $1.18 billion.Melco resorts & entertainment - qtrly net income attributable to melco resorts & entertainment limited was us$113.4 million, or us$0.23 per ads.Q1 earnings per share view $0.11 -- Thomson Reuters I/B/E/S.  Full Article

Crown Resorts enters equity swap for its shareholding in Melco Crown Entertainment
Tuesday, 28 Mar 2017 06:26pm EDT 

Crown Resorts Ltd : Entered into a cash-settled equity swap in respect of its shareholding in Melco Crown Entertainment Limited . Cash-settled equity swap referencing 12.0 MLN MCE ADSs . Price hedge under swap transaction has been set at US$18.05 per MCE ADS .Swap transaction provides price hedge in respect of any future sale of MCE shares equivalent to number of MCE ADSs referenced in swap transaction.  Full Article

Melco Crown Q4 revenue $1.193 billion
Thursday, 16 Feb 2017 08:07am EST 

Melco Crown Entertainment Ltd : Melco Crown Entertainment announces unaudited results for the fourth quarter and full year ended December 31, 2016 and declares quarterly dividend . Q4 revenue $1.193 billion versus I/B/E/S view $1.16 billion .Melco Crown Entertainment - on U.S. GAAP basis, net income attributable to Melco Crown Entertainment for Q4 of 2016 was US$43.3 million, or US$0.09 per ads.  Full Article

OPPENHEIMERFUNDS REPORTS 5.51 PCT PASSIVE STAKE IN MELCO CROWN ENTERTAINMENT
Tuesday, 7 Feb 2017 11:31am EST 

OppenheimerFunds Inc :REPORTS A 5.51 PERCENT PASSIVE STAKE IN MELCO CROWN ENTERTAINMENT LTD AS ON DEC 31, 2016 - SEC FILING.  Full Article

Melco pledges headquarters in Japan if it wins casino licence

TOKYO, Dec 1 Melco Resorts & Entertainment Ltd will shift its headquarters to Japan should it win a licence to run a casino in the world's next frontier for high-stakes gambling, its chief executive said on Friday.