Monarch Casino Q3 net revenue record $137.9M, net income up 14.2%, declares $0.30 dividend

MONARCH CASINO & RESORT INC

2024-Q3 EPS reported $3.60 revenue$387,673,000

Net revenue $137.9M (+3.7% YoY); diluted EPS $1.47 (+19.5%); net income $27.6M (+14.2%).
Adjusted EBITDA $50.6M (+2.9%); EBITDA margin 36.7%.
Declared $0.30 per share cash dividend payable Dec 15, 2024 to holders of record Dec 1.
Repurchased 131,285 shares for $9.6M in Q3; cash and equivalents $39.4M at Sep 30.
Capital expenditures $3.8M; ongoing Atlantis room redesign expected complete by Q2 2025.

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