Meridian Q1 FY26 net income swings to USD 2.17 million; revenue rises 17% to USD 50.1 million

PUBT·04/28/2026 10:56:57

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Meridian reported net income of USD 2.17 million for quarter ended March 31, 2026, compared with a net loss of USD 258,217 a year earlier.
Revenue rose 17% to USD 50.1 million.
Operating income improved to USD 3.16 million, versus an operating loss of USD 106,017 a year earlier.
Online casino revenue climbed 33% to USD 15.25 million, driven by expanding game offerings to 2,500+ titles and integrating 10+ new providers.
Meridian said cash on hand totaled USD 16.23 million and it expects existing cash to cover working capital and capital spending needs for at least 12 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meridian Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-002588), on April 28, 2026, and is solely responsible for the information contained therein.

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