Meridian Q1 FY26 net income swings to $2.2 million; revenue rises 17% to $50.1 million

• Meridian Holdings posted Q1 2026 net income of $2.2 million, returning to profitability from a year-earlier loss.
• Revenue rose 17% to $50.1 million.
• Adjusted EBITDA climbed 26% to $6.3 million, topping prior guidance of $6.1 million.
• Cash totaled $16.2 million, with net debt down 62% year over year to $13.4 million.
• Sees Q2 revenue of $51 million-$53 million.

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: 0001477932-26-002589), on April 28, 2026, and is solely responsible for the information contained therein.