Monarch Casino: 3Q Earnings Snapshot
RENO, Nev. (AP) _ Monarch Casino & Resort Inc. (MCRI) on Wednesday reported third-quarter earnings of $9.3 million.
On a per-share basis, the Reno, Nevada-based company said it had profit of 50 cents. Earnings, adjusted for non-recurring costs, came to 51 cents per share.
The casino operator posted revenue of $65.6 million in the period.
Monarch Casino shares have increased 14% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $43.37, a rise of 12% in the last 12 months.