RENO, NV--(Marketwire - 07/22/09) - Monarch Casino & Resort, Inc. (NASDAQ:MCRI - News) (the "Company"), owner of the Atlantis Casino Resort Spa (the "Atlantis") in Reno, Nevada, today announced results for the quarter ended June 30, 2009.
The Company reported net revenue of $34.5 million and EBITDA(1) of $6.4 million which were 2.5% lower and 1.3% higher, respectively, when compared with the second quarter of 2008. The Company announced quarterly income from operations of $3.3 million and diluted EPS of $0.11 which represent decreases of 25.3% and 31.3%, respectively, compared to the prior year's second quarter. Revenue generated in the casino department decreased by 6.0% while revenue from the food and beverage and hotel departments increased by 2.9% and 6.1%, respectively.
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http://finance.yahoo.com/news/Monarch-Casino-Reports-2009-iw-3817205075.html?x=0&.v=1
Showing posts with label Monarch Casino. Show all posts
Showing posts with label Monarch Casino. Show all posts
Thursday, July 23, 2009
Thursday, April 23, 2009
Monarch Casino Reports 2009 First Quarter Results
The Company reported net revenue of $32.6 million, 4.9% lower than the $34.3 million reported for the comparative quarter in 2008. The Company announced quarterly income from operations of $1.9 million, EBITDA(1) of $5.1 million and diluted EPS of $0.06 which represent decreases of 41.0%, 3.2% and 50.0%, respectively, when compared to the prior year's first quarter. Revenue generated in the casino, food and beverage, and hotel operating units decreased by 4.0%, 1.7% and 7.7%, respectively.
