secwatch.observer — SEC 8-K summary
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Issuer:     MONARCH CASINO & RESORT INC (MCRI)
CIK:        0000907242
Form:       8-K
Filed at:   2023-02-14T23:59:59+00:00
Accession:  0001171843-23-000963
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907242/000117184323000963/0001171843-23-000963-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907242/000117184323000963/f8k_021423.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-000963

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