Quarterly ResultApr 21, 2026, 04:06 PM
Monarch Casino Q1 Net Revenue Up 8.9% to $136.6M; EPS Jumps 44.8%
AI Summary
Monarch Casino & Resort reported record first quarter 2026 financial results, with net revenue increasing 8.9% to $136.6 million and net income soaring 38.9% to $27.6 million. Diluted EPS grew 44.8% to $1.52, driven by increased market share at both properties and improved operational efficiencies. The company also returned capital to stockholders by repurchasing $17.6 million worth of common stock.
Key Highlights
- Net revenue increased 8.9% to $136.6 million.
- Net income surged 38.9% to $27.6 million.
- Diluted EPS rose 44.8% to $1.52.
- Adjusted EBITDA grew 19.0% to $49.0 million.
- Purchased 181,258 shares for $17.6 million.