Meridian Holdings Q1 2026: Revenue $50.1M (+17% YoY), net income $2.2M, returns to GAAP profitability

Meridian Holdings Inc./NV

2026-Q1 EPS reported $0.18 revenue$50,103,870

Net income of $2.2M ($0.18 diluted EPS) vs. loss of $0.3M in prior year; adjusted EBITDA $6.3M, above $6.1M guidance.
Meridianbet B2C revenue $34.9M (+26% YoY); registrations up 41% to 428,400; segment operating income up 37% to $6.6M.
Q2 2026 revenue guidance of $51M-53M, representing 18%-23% YoY growth over $43.2M in Q2 2025.
Cash $16.2M, total debt down 54% YoY to $29.7M, net debt $13.4M (-62% YoY), net debt leverage 0.53x.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Meridian Holdings Inc./NV reported the first quarter ended March 31, 2026 results: revenue $50.1 million, net income $2.2 million, EPS $0.18 per diluted share.

Period: the first quarter ended March 31, 2026
Revenue: $50.1 million
Net income: $2.2 million
EPS: $0.18 per diluted share
Result: reported results

Exact text from the filing

Meridian Holdings Reports Q1 2026 Financial Results Revenue Up 17% Year-Over-Year to $50.1 Million Returns to Profitability with Net Income of $2.2 Million Adjusted EBITDA Up 26% Year-Over-Year to $6.3 Million, Exceeding Guidance

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Source: SEC EDGAR

accession 0001477932-26-002589

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