MCRI News and Press, Monarch Casino & Resort Inc. From 02/07/23

RENO, Nev., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today announced that its Board of Directors authorized a one-time cash dividend of $5.00 per share of its outstanding common stock. The one-time ...

Summary Margins have improved. Funds are available for investments. Monarch has the potential to be a solid compounder in the coming years. Investment Thesis Monarch Casino & Resort, Inc. (MCRI) is a well-managed company with a promising future. Their stock perform...

Shares of Monarch Casino & Resort (NASDAQ: MCRI) popped as much as 21.2% in trading on Thursday after the casino company reported third-quarter 2022 financial results. At 3 p.m. ET, shares were up 14.2% and holding steady. Third-quarter revenue was up 19.8% to $133.7 million...

Monarch Casino & Resort ( NASDAQ: MCRI ) was the biggest gainer in the casino sector on Thursday afternoon with a 14.67% jump to $70.58. Shares of MCRI rose to their highest level since the earlier part of March on the heels of a strong earnings report. The casin...

Monarch Casino & Resort press release ( NASDAQ: MCRI ): Q3 GAAP EPS of $1.41. Revenue of $133.73M (+19.8% Y/Y). For further details see: Monarch Casino & Resort GAAP EPS of $1.41, revenue of $133.73M

RENO, Nev., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (Nasdaq: MCRI) (“Monarch” or “the Company”) today reported record operating results for the third quarter ended September 30, 2022, as summarized below: ($ in thousands, excep...

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Caesars may not survive a severe recession without asset sales and/or new equity issuance to reduce massive debts. Weak consumer travel spend in a recession and rising interest expense are problematic for a recovery to operating profitability. The list of necessary positive change...

Monarch Casino & Resort press release ( NASDAQ: MCRI ): Q2 GAAP EPS of $0.99 misses by $0.07 . Revenue of $115.29M (+17.7% Y/Y) misses by $0.27M . Company generated second quarter 2022 consolidated Adjusted EBITDA of $39.5 million, an increase of $4.3 mil...