Melco Resorts Reports Q3 2026 Results with Focus on Debt Reduction and Share Repurchases
Melco Resorts & Entertainment Limited (MLCO) reported third-quarter 2026 results featuring a group-wide Adjusted Property EBITDA of $288 million. While the VIP segment in Macau faced a $14 million negative impact due to unfavorable win rates, these losses were partially offset by positive performance in Manila and Sri Lanka. The company continues to navigate a highly competitive Macau market and broader economic softness in China. Financially, Melco prioritized capital allocation through significant debt redemptions and an aggressive share repurchase program, totaling $236 million so far in 2026. With total liquidity at $2 billion as of September 30, the company is maintaining a strong buffer for operations while managing interest expenses and guiding for reduced capital expenditures in 2027.
Tickers: $MLCO
Topics: debt redemption EBITDA liquidity share repurchases VIP win rate
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