---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-006650"
form_type: "8-K"
ticker: "MCRI"
cik: "0000907242"
company_name: "MONARCH CASINO & RESORT INC"
filed_at: "2022-10-19T23:59:59+00:00"
generated_at: "2026-06-23T02:50:20.107749+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Monarch Casino & Resort posts record Q3: revenue $133.7M, Adj. EBITDA $51.7M (+28% YoY)

## Summary
- Record Q3 net revenue $133.7M (+19.8% YoY); net income $27.5M (+23.2%); diluted EPS $1.41 (+22.6%).
- Adjusted EBITDA record $51.7M (+28.3% YoY); margin 38.7%, also a record.
- Paid down $38M in debt; net cash position of $33.1M with $27M term loan outstanding.
- Litigation costs with PCL Construction impacted net income by $2.8M ($0.14 EPS) in Q3; $6.5M for 9 months.

## SEC filing metadata
- accession: 0001171843-22-006650
- form_type: 8-K
- ticker: MCRI
- cik: 0000907242
- company_name: MONARCH CASINO & RESORT INC
- filed_at: 2022-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/907242/000117184322006650/0001171843-22-006650-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907242/000117184322006650/f8k_101922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-006650
- JSON: https://secwatch.observer/filing/0001171843-22-006650.json
- Plain text: https://secwatch.observer/filing/0001171843-22-006650.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.