Short answer
Meridian Holdings Inc./NV (MRDN) filed an 8-K current report with the SEC on April 28, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Fiscal 2026 results covered by Exhibits 99.1 and 99.2, which contain the press release and presentation.
Meridian Holdings Inc./NV 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Fiscal 2026 results covered by Exhibits 99.1 and 99.2, which contain the press release and presentation
- Non-GAAP financial measures included, with GAAP reconciliations available in the exhibits
- Disclosure not deemed “filed” under Exchange Act Section 18, limiting certain liability and incorporation-by-reference effects
Item EX-99.1 · Exhibit EX-99.1
- Q1 2026 revenue $50.1M, up 17% YoY, with gross margin 56.2% broadly stable
- Returned to GAAP profitability: net income $2.2M, or $0.18 diluted EPS, versus $(0.3)M loss
- Adjusted EBITDA $6.3M, up 26% YoY and above $6.1M guidance; margin reached 12.6%
- Meridianbet revenue $34.9M, up 26%, while segment operating income rose 37% to $6.6M
- Balance sheet strengthened: cash $16.2M, net debt $13.4M, and leverage 0.53x; Q2 revenue guidance $51M–$53M
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