---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-002389"
form_type: "8-K"
ticker: "MCRI"
cik: "0000907242"
company_name: "MONARCH CASINO & RESORT INC"
filed_at: "2025-04-22T23:59:59+00:00"
generated_at: "2026-05-23T09:52:03.515014+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Monarch Casino Q1 net revenue $125.4M (+3.1%), diluted EPS $1.05 (+12.9%), declares $0.30 dividend

## Summary
- Net revenue $125.4M, net income $19.9M (+8.7%), Adjusted EBITDA $41.1M (+6.7%), all Q1 records.
- Diluted EPS $1.05 vs $0.93 YoY; operating margin improved 110 bps to 32.8%.
- Cash dividend of $0.30/share declared, payable June 15, 2025 to holders of record June 1, 2025.
- Casino revenue up 5.0% YoY; SG&A as % of revenue improved to 21.7% from 22.3%.
- Atlantis room renovation near completion; $16M capex in Q1 funded from ops; evaluating potential M&A.

## SEC filing metadata
- accession: 0001171843-25-002389
- form_type: 8-K
- ticker: MCRI
- cik: 0000907242
- company_name: MONARCH CASINO & RESORT INC
- filed_at: 2025-04-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/907242/000117184325002389/0001171843-25-002389-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907242/000117184325002389/f8k_042225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-002389
- JSON: https://secwatch.observer/filing/0001171843-25-002389.json
- Plain text: https://secwatch.observer/filing/0001171843-25-002389.txt

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