---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-000963"
form_type: "8-K"
ticker: "MCRI"
cik: "0000907242"
company_name: "MONARCH CASINO & RESORT INC"
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T15:06:54.575285+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Monarch Casino reports record Q4 revenue $120.5M, diluted EPS $1.14; declares $5.00 special dividend

## Summary
- Q4 net revenue $120.5M (+8.5% YoY), net income $22.4M, diluted EPS $1.14, Adj EBITDA $41.6M.
- Full year net revenue $477.9M (+20.9% YoY), net income $87.5M, diluted EPS $4.47, Adj EBITDA $167.1M.
- One-time $5.00/share dividend payable Mar 15 to record Mar 1; recurring annual dividend $1.20/share starting Q2 2023.
- New $100M revolver with $100M accordion, maturity Jan 2025; cash position $38.8M at Dec 31, 2022.
- Litigation with PCL Construction impacted net income by $0.8M in Q4 and $7.3M for full year 2022.

## SEC filing metadata
- accession: 0001171843-23-000963
- form_type: 8-K
- ticker: MCRI
- cik: 0000907242
- company_name: MONARCH CASINO & RESORT INC
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/907242/000117184323000963/0001171843-23-000963-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907242/000117184323000963/f8k_021423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-000963
- JSON: https://secwatch.observer/filing/0001171843-23-000963.json
- Plain text: https://secwatch.observer/filing/0001171843-23-000963.txt

## Key facts
- Earnings Releases
  MONARCH CASINO & RESORT INC reported the fourth quarter and full year ended December 31, 2022 results: revenue $120,536, net income $22,433, EPS $1.14.
  - Period: the fourth quarter and full year ended December 31, 2022
  - Revenue: $120,536
  - Net income: $22,433
  - EPS: $1.14
  - Result: reported results
  source text: ($ in thousands, except per share data and percentages) Three Months Ended December 31, Twelve Months Ended December 31, 2022 2021 Increase 2022 2021 Increase Net revenue $ 120,536 $ 111,068 8.5 % $ 477,870 $ 395,377 20.9 % Net income (1) $ 22,433 $ 19,871 12.9 % $ 87,479 $ 68,488 27.7 % Adjusted EBITDA (3) $ 41,588 $ 39,015 6.6 % $ 167,085 $ 137,294 21.7 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/907242/000117184323000963/0001171843-23-000963-index.htm

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