Meridian Holdings Q2 revenue $50.2M (+16% YoY); net income $2.2M, second consecutive GAAP profit

Meridian Holdings Inc./NV

Revenue $50.2M (+16% YoY); first-half 2026 revenue $100.3M, first time above $100M.
Net income attributable to MRDN $2.2M ($0.17 diluted EPS) vs net loss $3.6M ($0.31 loss) in prior year.
Adjusted EBITDA $5.9M (+43% YoY); margin 11.8%.
Net debt reduced 65% YoY to $9.4M; net debt leverage 0.39x.
Share count essentially flat; no new equity awards granted in Q2.

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