Studio City International Holdings Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 26.38 million compared to USD 3.76 million a year ago. Revenue was USD 115.23 million compared to negative revenue of USD 1.89 million a year ago. Net loss was USD 48.5 million compared to USD 85.64 million a year ago. Basic loss per share from continuing operations was USD 0.252 compared to USD 0.444 a year ago. Diluted loss per share from continuing operations was USD 0.252 compared to USD 0.444 a year ago.
For the six months, sales was USD 39.27 million compared to USD 10.04 million a year ago. Revenue was USD 166.7 million compared to USD 10.1 million a year ago. Net loss was USD 86.52 million compared to USD 155.87 million a year ago. Basic loss per share from continuing operations was USD 0.448 compared to USD 0.96 a year ago. Diluted loss per share from continuing operations was USD 0.448 compared to USD 0.968 a year ago.