Studio City International Holdings Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 3.53 million compared to USD 9.78 million a year ago. Negative revenue was USD 2.79 million compared to revenue of USD 18.72 million a year ago. Net loss was USD 85.18 million compared to USD 63.17 million a year ago. Basic loss per share from continuing operations was USD 0.444 compared to USD 0.684 a year ago. Diluted loss per share from continuing operations was USD 0.444 compared to USD 0.684 a year ago.
For the nine months, sales was USD 13.57 million compared to USD 30.77 million a year ago. Revenue was USD 7.31 million compared to USD 78.49 million a year ago. Net loss was USD 241.05 million compared to USD 198.61 million a year ago. Basic loss per share from continuing operations was USD 1.396 compared to USD 2.144 a year ago. Diluted loss per share from continuing operations was USD 1.404 compared to USD 2.144 a year ago.