Studio City International Holdings Limited (MSC) Stock Falls on Q1 2026 Earnings

By: Quiver EarningsTracker

Posted: 4 hours ago / April 30, 2026 2:24 p.m. UTC

MSC

Studio City International Holdings Limited (MSC) reported first-quarter 2026 results with revenue of $176.7 million, a year-over-year increase of 9.3%.

Revenue: $176.7 million, up 9.3% year-over-year.

Gross profit: $125.5 million, up 13.7% year-over-year.

Operating profit: $28.0 million, up 82.8% year-over-year.

Net income attributable to common shareholders: $2.9 million, down 116.3% year-over-year.

Diluted earnings per share: $0.016 per share, down 119.1% year-over-year.

The company delivered a notable improvement in operating profitability, but the bottom line and earnings per share declined sharply, indicating that non-operating items or one-time charges materially affected net income this quarter.

Cash from operating activities: $60.3 million, down 1006.9% year-over-year.

Purchases of property, plant and equipment: $8.8 million, down 57.3% year-over-year.

Cash and cash equivalents: $86.8 million, up 36.9% year-over-year.

Total liabilities: $2.16 billion, down 5.5% year-over-year.

Cost of sales: $51.2 million, down 0.2% year-over-year.

Shares of MSC were trading lower since the market open, down 3.29% this morning. Investors will likely focus on the disconnect between stronger operating profit and the steep decline in net income when assessing the quarter.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Studio City International Holdings Limited Hedge Fund Activity

We have seen 0 institutional investors add shares of Studio City International Holdings Limited stock to their portfolio, and 5 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

MACQUARIE GROUP LTD removed 2,226,066 shares (-98.7%) from their portfolio in Q4 2025, for an estimated $7,902,534
UBS GROUP AG removed 13,437 shares (-86.5%) from their portfolio in Q4 2025, for an estimated $47,701
SILVER POINT CAPITAL L.P. removed 6,451 shares (-0.0%) from their portfolio in Q4 2025, for an estimated $22,901
GPS WEALTH STRATEGIES GROUP, LLC removed 357 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $1,267
ADVISORY SERVICES NETWORK, LLC removed 200 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $710
ABERDEEN GROUP PLC added 0 shares (+0.0%) to their portfolio in Q1 2026, for an estimated $0
REDWOOD CAPITAL MANAGEMENT, LLC added 0 shares (+0.0%) to their portfolio in Q4 2025, for an estimated $0

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.