Studio City International Holdings Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 3.76 million compared to USD 11.39 million a year ago. Negative revenue was USD 1.89 million compared to revenue of USD 31.2 million a year ago. Net loss was USD 85.64 million compared to USD 59.68 million a year ago. Basic loss per share from continuing operations was USD 0.444 compared to USD 0.644 a year ago. Diluted loss per share from continuing operations was USD 0.444 compared to USD 0.644 a year ago.
For the six months, sales was USD 10.04 million compared to USD 20.99 million a year ago. Revenue was USD 10.1 million compared to USD 59.76 million a year ago. Net loss was USD 155.87 million compared to USD 135.44 million a year ago. Basic loss per share from continuing operations was USD 0.96 compared to USD 1.464 a year ago. Diluted loss per share from continuing operations was USD 0.968 compared to USD 1.464 a year ago.