Studio City Intl Hldgs Q2 EPS $(0.25) Up From $(0.45) YoY, Sales $115.23M Up From $(1.89M) YoY
Portfolio Pulse from Benzinga Newsdesk
Studio City Intl Hldgs (NYSE:MSC) reported Q2 losses of $(0.25) per share, a 43.37% increase over losses of $(0.45) per share from the same period last year. The company also reported $115.23 million in sales this quarter, a 6.20K% increase over sales of $(1.89 million) the same period last year.
August 01, 2023 | 1:25 pm
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Studio City Intl Hldgs reported improved Q2 results with reduced losses and significantly increased sales compared to last year.
The company reported a significant improvement in its financial performance with reduced losses and a massive increase in sales. This indicates a positive financial health of the company, which could potentially lead to a positive impact on its stock price in the short term.
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