Monarch Casino posts record Q3 net revenue of $137.9 million, net income up 14.2%
Monarch Casino & Resort reported third-quarter 2024 net revenue of $137.9 million, up 3.7% from a year earlier, and net income of $27.6 million, up 14.2%. The company also declared a $0.30 per share cash dividend payable December 15, 2024, to holders of record on December 1, 2024.
Key points
- Net revenue was $137.9 million, up 3.7% from $133.0 million in the third quarter of 2023.
- Diluted earnings per share were $1.47, up 19.5% from $1.23.
- Adjusted EBITDA was $50.6 million, up 2.9%; casino operating expense rose to 36.3% of casino revenue from 34.5%.
- Cash dividend of $0.30 per share is payable December 15, 2024, to stockholders of record on December 1, 2024.
The filing
Written by AI on Nov 8, 2026, 1:54 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 October 23, 2024.
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.