Monarch Casino Q2 net revenue rises 7.3% to $123.7 million; net income up 15.3%
Monarch Casino & Resort reported second-quarter 2023 net revenue of $123.7 million, up 7.3% from a year earlier, with net income of $22.4 million and diluted EPS of $1.14, both higher than the prior-year quarter. The company also declared a $0.30 per share cash dividend payable September 15, 2023, which is part of its previously announced $1.20 annual dividend.
Key points
- Net revenue rose 7.3% to $123.7 million from $115.3 million; net income rose 15.3% to $22.4 million from $19.4 million.
- Diluted EPS was $1.14, up 15.2% from $0.99 a year earlier.
- Adjusted EBITDA was $42.1 million, up 6.8%, with a margin of 34.1%.
- Dividend of $0.30 per share is payable September 15, 2023, to holders of record on September 1, 2023.
The filing
Written by AI on Nov 8, 2026, 1:55 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 19, 2023.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.