secwatch.observer — SEC 8-K summary
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Issuer:     MONARCH CASINO & RESORT INC (MCRI)
CIK:        0000907242
Form:       8-K
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0001171843-22-004907
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Monarch Casino Q2 net revenue $115.3M (+18%); Adjusted EBITDA $39.5M records
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- Net revenue $115.3M, up 18% YoY; casino revenue up 10.7%, F&B up 28.7%, hotel up 31.1%.
- Diluted EPS $0.99 vs $0.93 in prior-year quarter; net income $19.4M (+7.1%).
- Adjusted EBITDA $39.5M, a Q2 record; increased 12.2% YoY.
- Litigation costs with Black Hawk general contractor totaled $2.4M in Q2, reducing EPS by $0.12.
- Reduced Term Loan principal by $15.0M; outstanding $65.0M; $70M revolver undrawn.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907242/000117184322004907/0001171843-22-004907-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907242/000117184322004907/f8k_072022.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-004907

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