Studio City International Holdings Limited reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was USD 7.98 million compared to USD 9.67 million a year ago. Revenue was USD 28.38 million compared to USD 23.71 million a year ago. Net loss was USD 53.95 million compared to USD 61.49 million a year ago. Basic loss per share from continuing operations was USD 0.584 compared to USD 0.664 a year ago. Diluted loss per share from continuing operations was USD 0.584 compared to USD 0.664 a year ago.
For the full year, sales was USD 38.75 million compared to USD 22 million a year ago. Revenue was USD 106.87 million compared to USD 49.21 million a year ago. Net loss was USD 252.56 million compared to USD 321.63 million a year ago. Basic loss per share from continuing operations was USD 2.728 compared to USD 4.364 a year ago. Diluted loss per share from continuing operations was USD 2.728 compared to USD 4.412 a year ago.