Monarch Casino Q2 record net revenue $97.7M, adjusted EBITDA $35.2M, diluted EPS $0.93

MONARCH CASINO & RESORT INC

2021-Q2 EPS reported $1.36 revenue$172,679,000

Q2 net revenue $97.7M, up 544.8% YoY (vs $15.2M) and up 55.7% vs Q2 2019; record for second consecutive quarter.
Diluted EPS $0.93 vs ($0.24) in Q2 2020; net income $18.1M vs loss $4.3M; record adjusted EBITDA margin 36.0%.
Debt reduced by $25M in quarter; optional prepayment $22.5M; outstanding term loan $135M, revolver undrawn.
Black Hawk expansion continues: new poker room opened May 14; conversion of buffet to restaurant/sportsbook/casino space by year-end.
CEO highlighted market share gains, pent-up demand, labor constraints; exploring acquisition strategies and leveraging additional Reno acreage.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.