secwatch.observer — SEC 8-K summary
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Issuer:     MONARCH CASINO & RESORT INC (MCRI)
CIK:        0000907242
Form:       8-K
Filed at:   2024-04-17T23:59:59+00:00
Accession:  0001171843-24-002058
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Monarch Casino Q1 revenue up 4.3% to $121.7M; adj. EBITDA record at $38.5M, dividend $0.30/share
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- Net revenue $121.7M (+4.3% YoY); casino revenue +3.8%, F&B +2.9%, hotel +8.4%.
- Adjusted EBITDA $38.5M (+5.7% YoY); margin improved to 31.7% from 31.3%.
- Diluted EPS $0.93 vs. $0.90 YoY; net income $18.3M (+3.4%).
- Declared $0.30/share cash dividend, payable June 15, 2024, to holders of record June 1, 2024.
- Repurchased 281,708 shares for $19.4M in Q1; capital expenditures $17.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907242/000117184324002058/0001171843-24-002058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907242/000117184324002058/f8k_041724.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-002058

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer