secwatch.observer — SEC 8-K summary
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Issuer:     MONARCH CASINO & RESORT INC (MCRI)
CIK:        0000907242
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001171843-24-004113
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 & Resort Reports Record Q2 2024 Revenue and Adjusted EBITDA; Declares $0.30 Dividend
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- Net revenue record $128.1M (+3.6% YoY); adjusted EBITDA record $43.9M (+4.3% YoY).
- Diluted EPS $1.19 vs $1.14 YoY (+4.4%); net income $22.7M (+1.2%).
- Casino, F&B, hotel revenues up 3.1%, 1.0%, 9.0% respectively; hotel margin improved.
- Declares Q3 dividend $0.30/share payable Sept 15 to holders of record Sept 1 (annual $1.20).
- Repurchased 452,464 shares for $30.5M in Q2; $23M outstanding on credit line.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/907242/000117184324004113/0001171843-24-004113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/907242/000117184324004113/f8k_072424.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-004113

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