Core Viewpoint - Melco Resorts & Entertainment (MLCO) shows positive financial growth with a significant increase in revenue and net profit, indicating strong operational performance and market confidence [1][2]. Financial Performance - As of March 31, 2025, Melco Resorts reported total revenue of $1.232 billion, representing a year-on-year growth of 10.78% [1]. - The company's net profit attributable to shareholders reached $32.532 million, marking a substantial increase of 114.45% compared to the previous year [1]. Stock Performance and Analyst Ratings - On July 26, MLCO's stock price increased by 2.1%, reaching $8.995 per share, with a trading volume of $7.8143 million and a total market capitalization of $3.699 billion [1]. - On July 1, Morgan Stanley upgraded Melco Resorts' rating to Overweight and raised the target price to $9.50 [2]. Business Operations - Melco Resorts operates integrated entertainment resorts in Asia and Europe, including Altira Macau and City of Dreams in Macau, and is the largest non-casino gaming machine operator in Macau through Mocha Clubs [2]. - The company is also developing the Mediterranean Dream City in Cyprus, which is expected to become the largest integrated resort in Europe, and currently operates a temporary casino in Cyprus [2].