Melco Crown Entertainment

Melco Resorts & Entertainment hit a new 52-week low at $4.98; the share price has fallen 49.8% over the past year. For Q2 2026 the company reported earnings of $0.02 per share versus $0.09 expected and revenue of $1.25 billion versus $1.28 billion expected. Adjusted property EBITDA was about $304 million ($312 million after adjustment for VIP-hold variance); the VIP win rate at City of Dreams Macau fell from 3.9% to 2.7%, weighing on EBITDA by roughly $9 million. Melco had $2.8 billion of available liquidity at quarter-end, including $1 billion in cash, and plans to open the REM complex after Golden Week in October. » Mais em de.investing.com

Melco Resorts’ stock fell to a 52-week low of $5.07 and is down about 48.9% year-to-date. In Q2 2026 the company missed expectations with earnings of $0.02 per share (expectation $0.09) and revenue of $1.25 billion (expectation $1.28 billion). The shortfall was driven by lower visitor numbers, a lower hold rate and a weaker VIP win rate, which pushed adjusted property EBITDA down to around $304 million. Melco nonetheless reports available liquidity of $2.8 billion, including $1 billion in cash, and plans to open the new luxury hotel and entertainment complex “REM” after Golden Week in October. » Mais em de.investing.com

Melco Resorts & Entertainment extended the maturity of its revolving credit facilities from April 2027 to June 2031 and added an incremental facility of about $821.6 million, increasing total commitment to roughly $2.77 billion under a third amended and restated agreement. The deal preserves the pricing and financial covenants of the original 2020 facility and involves customary fees paid by subsidiary MCO Nominee One Limited to participating lenders. Management says the move enhances capital flexibility to support its integrated-resort operations amid evolving market conditions. » Mais em finance.yahoo.com