secwatch.observer — SEC 8-K summary
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Issuer:     MONARCH CASINO & RESORT INC (MCRI)
CIK:        0000907242
Form:       8-K
Filed at:   2022-10-19T23:59:59+00:00
Accession:  0001171843-22-006650
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907242/000117184322006650/0001171843-22-006650-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907242/000117184322006650/f8k_101922.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-006650

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