Monarch Casino: 1Q Earnings Snapshot
Monarch Casino: 1Q Earnings Snapshot
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RENO, Nev. (AP) _ Monarch Casino & Resort Inc. (MCRI) on Wednesday reported first-quarter net income of $7 million.
On a per-share basis, the Reno, Nevada-based company said it had profit of 38 cents.
The casino operator posted revenue of $58.7 million in the period.
Monarch Casino shares have climbed 15 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $44, a climb of 2.5 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCRI at https://www.zacks.com/ap/MCRI
