Studio City International Holdings Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 12.9 million compared to USD 6.28 million a year ago. Revenue was USD 51.47 million compared to USD 11.99 million a year ago.

Net loss was USD 38.03 million compared to USD 70.23 million a year ago. Basic loss per share from continuing operations was USD 0.196 compared to USD 0.532 a year ago. Diluted loss per share from continuing operations was USD 0.196.