NasdaqGS:MLCOHospitality
Is Melco Resorts’ (MLCO) Profit Rise Without Buybacks Altering Its Investment Case?
In August 2026, Melco Resorts & Entertainment reported second-quarter and first-half 2026 results showing slightly lower sales and revenue year over year but higher net income of US$22.66 million for the quarter and US$99.49 million for the half, with basic earnings per share from continuing operations rising to US$0.057 and US$0.255 respectively.
Over the same period, Melco did not execute any share repurchases under its previously announced buyback, highlighting that the recent improvement...