---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-000805"
form_type: "8-K"
ticker: "MCRI"
cik: "0000907242"
company_name: "MONARCH CASINO & RESORT INC"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:56:01.226057+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Monarch Q4 revenue record $128.2M, net income down 18.9%; $0.30 dividend declared

## Summary
- Q4 net revenue $128.2M (+6.3% YoY); adjusted EBITDA $43.0M (+3.4% YoY), both quarterly records.
- Net income $18.2M (-18.9%), diluted EPS $0.93 (-18.4%) due to tax rate, litigation costs, depreciation.
- Paid down remaining credit facility; no outstanding long-term debt as of post-Q4.
- Trial concluded with PCL Construction; submitted to Denver court; ongoing litigation costs $2.8M in Q4.
- Declared $0.30 quarterly dividend payable March 15, record March 1, unchanged from prior quarter.

## SEC filing metadata
- accession: 0001171843-24-000805
- form_type: 8-K
- ticker: MCRI
- cik: 0000907242
- company_name: MONARCH CASINO & RESORT INC
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/907242/000117184324000805/0001171843-24-000805-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907242/000117184324000805/f8k_021424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-000805
- JSON: https://secwatch.observer/filing/0001171843-24-000805.json
- Plain text: https://secwatch.observer/filing/0001171843-24-000805.txt

## Key facts
- Earnings Releases
  MONARCH CASINO & RESORT INC reported the fourth quarter ended December 31, 2023 results: revenue $128,186, net income $18,202, EPS $0.93 per diluted share.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $128,186
  - Net income: $18,202
  - EPS: $0.93 per diluted share
  - Result: reported results
  source text: below: ($ in thousands, except per share data and percentages) Three Months Ended December 31, Twelve Months Ended December 31, 2023 2022 Change 2023 2022 Change Net revenue $128,186 $120,536 6.3% $501,478 $477,870 4.9% Net income (1) $18,202 $22,433 (18.9%) $82,448 $87,479 (5.8%) Adjusted EBITDA (3) $43,003 $41,588 3.4% $170,832 $167,085 2.2% Basic earnings
  evidence_url: https://www.sec.gov/Archives/edgar/data/907242/000117184324000805/0001171843-24-000805-index.htm

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