Melco Resorts Reports Strong Q4 Growth with Promising Prospects

Author: Kelly Martin Updated: 02-27-2025 11:42 AM

Melco Resorts & Entertainment Limited (NASDAQ: MLCO) Experiences Significant Revenue Growth

Shares of Melco Resorts & Entertainment Limited have shown positive momentum recently, reflecting strong financial performance. The company reported an adjusted loss per ADS of $0.005 for the fourth quarter, significantly better than the analyst expectation of $0.08 earnings.

Quarterly revenues reached $1.19 billion, a 9% increase compared to the previous year. This figure surpassed the analyst consensus of $1.17 billion, indicating robust growth driven by improved performance across various gaming segments and non-gaming operations.

Improved Operating Income Signifies Recovery

In the fourth quarter, Melco Resorts reported an operating income of $97.0 million, a notable turnaround from the operating loss of $94.4 million in the same quarter last year. This shift highlights the company’s ability to rebound and stabilize in a competitive market.

Although Adjusted Property EBITDA decreased to $295.4 million from $303.4 million a year earlier, the positive trajectory in total operating revenues paints an optimistic picture for Melco.

Tantalizing Future Developments in Macau and Beyond

Lawrence Ho, the Chairman and CEO, shared insights about the company’s commitment to strategic growth, emphasizing new projects that will bolster development in Macau. The anticipated launch of the casino at City of Dreams Sri Lanka is particularly exciting, with operations expected to commence in the third quarter of 2025.

Robust Financial Position as of Year-End

As of December 31, 2024, Melco Resorts reported total cash and bank balances totaling $1.27 billion, including $125.9 million of restricted cash. The increase in long-term prepayments, from $100.32 million to $131.85 million year-over-year, reflects a strengthening financial foundation.

Furthermore, Melco is actively considering strategic alternatives concerning City of Dreams Manila, signaling ongoing evaluations to enhance shareholder value.

Current Market Performance and Investor Sentiment

Currently, shares of MLCO are trading higher by 1.83%, priced at $5.835 at the time of this report. This upward trend in stock price indicates a positive investor sentiment following the latest financial disclosures.

Frequently Asked Questions

What were Melco Resorts' revenue figures for the fourth quarter?

Melco Resorts reported fourth-quarter revenues of $1.19 billion, marking a 9% year-over-year increase.

How did the company's operating income change?

The company reported an operating income of $97.0 million in the fourth quarter, compared to an operating loss of $94.4 million during the same period last year.

What future developments is Melco Resorts planning?

Melco Resorts is working on the City of Dreams Sri Lanka casino, which is expected to commence operations in the third quarter of 2025.

What is the current financial status of Melco Resorts?

As of the end of December 2024, Melco has total cash and bank balances of $1.27 billion, including $125.9 million in restricted cash.

How are Melco Resorts shares performing in the market?

As of the latest trading, Melco shares are up 1.83% with a price of $5.835.

About The Author

Hello Kelly Martin here, a financial and publicly traded company specialist committed to writing with clarity and sage advice. Having a wealth of experience and a thorough grasp of corporate dynamics and the financial environment, my main goal in writing blog posts and articles is to provide insightful analysis together with useful guidance. My objective is to arm readers with the information they need to comprehend the complexities of publicly traded companies and make wise financial decisions.

Writing for several financial blogs has let me interact with a wide range of readers, from novice investors to seasoned pros looking for fresh perspectives. My goal is to make corporate analysis and finance understandable and interesting so you may confidently negotiate the intricacies of the financial world. I appreciate you traveling with me toward success and financial literacy.

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