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AI brief of an SEC Form 8-K · Meridian Holdings Inc./NV (MRDN)

Meridian Holdings reports $13.3 million Q3 net loss, revises 2026 outlook

Negative Impact 4 of 5 earnings

Meridian Holdings reported third-quarter 2026 revenue of $46.0 million, down 3% from a year earlier, and a net loss attributable to the company of $13.3 million, which included $11.5 million of non-cash impairment charges. The company withdrew its second-half 2026 outlook and now expects full-year 2026 revenue of $195 million to $198 million, assuming no resumption of Brazil operations, which were suspended after Brazil banned fixed-odds betting.

Key points

  • Q3 2026 revenue was $46.0 million, down 3% year-over-year; nine-month revenue rose 10% to $146.3 million.
  • Q3 net loss attributable to Meridian Holdings was $13.3 million, or $(1.05) per share, versus net income of $0.6 million a year earlier.
  • A $5.5 million write-off of the Brazilian gaming license and related intangibles followed Provisional Measure No. 1,394/2026, issued September 25, 2026.
  • Total debt was $24.1 million as of September 30, 2026, down 47% from a year earlier.

The filing

CompanyMeridian Holdings Inc./NV (MRDN)
Form8-K, current report
Filed with the SECNov 10, 2026, 4:30 PM ET
Accession number0001477932-26-006816

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 10, 2026, 4:40 PM ET, from this filing only.

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.