Monarch Casino & Resort reports record Q2 2023; net revenue up 7.3% to $123.7M, EPS up 15.2%

MONARCH CASINO & RESORT INC

2023-Q2 EPS reported $2.04 revenue$240,327,000

Net revenue $123.7M (+7.3% YoY), net income $22.4M (+15.3%), diluted EPS $1.14 (+15.2%).
Adjusted EBITDA $42.1M (+6.8%), margin 34.1%.
Casino revenue +7.8%, F&B +10.8%, hotel revenue -1.1% due to renovation at Atlantis.
Declared $0.30/share quarterly dividend payable Sept 15, 2023 to holders of record Sept 1.
Cash and equivalents $35.1M; credit facility balance $41.0M after $10M principal payment.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MONARCH CASINO & RESORT INC reported second quarter ended June 30, 2023 results: revenue $123.7 million, net income $22,413 thousand, EPS $1.14.

Period: second quarter ended June 30, 2023
Revenue: $123.7 million
Net income: $22,413 thousand
EPS: $1.14
Result: reported results

Exact text from the filing

position in Black Hawk and a year over year improvement in the operating performance at Atlantis. Net revenue and Adjusted EBITDA grew to all-time second quarter records of $123.7 million and $42.1 million, respectively, resulting in an Adjusted EBITDA margin of 34.1%. “In Black Hawk, we continued to expand market share throughout the quarter, especially in the

View on SEC.gov

Browse all earnings releases →

MONARCH CASINO & RESORT INC filing history →

Source: SEC EDGAR

accession 0001171843-23-004556

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.