secwatch.observer — SEC 8-K summary
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Issuer:     MONARCH CASINO & RESORT INC (MCRI)
CIK:        0000907242
Form:       8-K
Filed at:   2023-07-19T23:59:59+00:00
Accession:  0001171843-23-004556
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907242/000117184323004556/0001171843-23-004556-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907242/000117184323004556/f8k_071923.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-004556

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