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Monarch Casino & Resort Inc (MCRI.OQ)

MCRI.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Monarch Casino & Resort reports Q3 revenue of $63 million
Tuesday, 24 Oct 2017 

Oct 25 (Reuters) - Monarch Casino & Resort Inc :Monarch Casino & Resort Inc reports record third quarter net revenue of $63.0 million, net income of $9.0 million and adjusted EBITDA of $17.5 million.Q3 revenue $63 million versus I/B/E/S view $59.6 million.Monarch Casino & Resort Inc qtrly ‍shr $0.49​.  Full Article

Monarch Casino & Resort entered into third amended credit agreement on July 20
Thursday, 21 Jul 2016 

Monarch Casino & Resort Inc : New credit facility amends and restates company's $100 million credit facility . On July 20, 2016, co entered into third amended and restated credit agreement- sec filing . New credit facility extends maturity date of old credit facility from November 15, 2016 to July 20, 2021 .In addition, new credit facility increases facility size to $250 million of aggregate commitments.  Full Article

Monarch Casino & Resort qtrly earnings per share $ 0.32
Wednesday, 20 Jul 2016 

Monarch Casino & Resort Inc : Monarch Casino & Resort, Inc reports second quarter net revenue of $54.6 million and net income of $5.7 million . Q2 earnings per share view $0.34, revenue view $52.7 million -- Thomson Reuters I/B/E/S . Entered into an amended and restated credit facility . Former $100 million credit facility was increased to $250 million . Maturity date of credit facility was extended from November 15, 2016 to july 20, 2021 . Qtrly earnings per share $ 0.32 .Monarch may use borrowings from credit facility to pay for costs related to expansion project at its Monarch Casino Black Hawk.  Full Article

Monarch Casino & Resort expects to begin construction of new hotel tower, Monarch Casino Black Hawk expansion in Q1 2017
Friday, 10 Jun 2016 

Monarch Casino & Resort Inc : Monarch Casino & Resort Inc says now expects to begin construction of new hotel tower and monarch casino black hawk expansion during q1 of 2017 . Monarch Casino & Resort Inc Says Currently Expects Opening Of Entire Tower In Q1 Of 2019 At A Total Cost Of Approximately $229-$234 million .Monarch Casino & Resort Inc says cost expected to be financed through combination of operating cash flow and amendment or replacement of credit facility.  Full Article

BRIEF-Monarch Casino & Resort Reports Q4 Earnings Per Share $0.23

* MONARCH CASINO & RESORT REPORTS FOURTH QUARTER NET REVENUE OF $56.1 MILLION, NET INCOME OF $4.4 MILLION AND ADJUSTED EBITDA OF $12.6 MILLION