secwatch.observer — SEC 8-K summary
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Issuer:     Meridian Holdings Inc./NV (MRDN)
CIK:        0001437925
Form:       8-K
Filed at:   2026-04-28T23:59:59+00:00
Accession:  0001477932-26-002589
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437925/000147793226002589/0001477932-26-002589-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437925/000147793226002589/meridian_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-002589

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