secwatch.observer — SEC 8-K summary
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Issuer:     MONARCH CASINO & RESORT INC (MCRI)
CIK:        0000907242
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001171843-23-002413
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Monarch Casino posts record Q1 revenue $116.6M, Adj. EBITDA $36.5M; declares $0.30 dividend
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- Net revenue $116.6M (record, +7.7% YoY); diluted EPS $0.90 (-2.2% from $0.92 due to higher tax rate).
- Adjusted EBITDA $36.5M (+6.2%) with margin 31.3%; strong Black Hawk performance offsets Reno weather disruption.
- Declares quarterly cash dividend of $0.30/share, payable June 15, 2023 to holders of record June 1, 2023; part of $1.20 annual.
- Capital expenditures $15.2M in Q1 for room upgrades and casino carpet at Atlantis; cash $34M, debt $51M.
- Paid $5.00 special dividend in March 2023 funded by cash and credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907242/000117184323002413/0001171843-23-002413-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907242/000117184323002413/f8k_041923.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-002413

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