EX-99.1 2 meridian_ex991.htm PRESS RELEASE meridian_ex991.htm EXHIBIT 99.1 Meridian Holdings Reports Q1 2026 Financial Results Revenue Up 17% Year-Over-Year to $50.1 Million Returns to Profitability with Net Income of $2.2 Million Adjusted EBITDA Up 26% Year-Over-Year to $6.3 Million, Exceeding Guidance Strengthened Balance Sheet with Cash of $16.2 Million and Net Debt Reduced 62% Year-Over-Year LAS VEGAS, NV - April 28, 2026 - Meridian Holdings Inc. (NASDAQ: MRDN) (“Meridian” or the “Company”), a global B2B/B2C operator and licensor of online sports betting and gaming platforms across 25+ regulated markets, today announced financial results for the first quarter ended March 31, 2026. The Company delivered revenue in line with guidance, exceeded its Adjusted EBITDA target, and returned to GAAP profitability - the first such quarter under the Meridian Holdings brand - while materially strengthening its balance sheet. First Quarter 2026 Financial Highlights ─────────────────────────────────────────── Revenue of $50.1 million, an increase of $7.4 million or 17% year over year, in line with prior guidance and reflecting continued scale in core Meridianbet operations. …
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Meridian Holdings Inc.
MRDNNASDAQEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On April 28, 2026, Meridian Holdings Inc. (the “Company”, “we” and “us”) issued a press release disclosing its results of operations for the three-month period ended March 31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated into this Item 2.02 by reference.…
Company context
Meridian Holdings Inc. (NASDAQ: MRDN), headquartered in Las Vegas, Nevada, is a B2B and B2C gaming technology group operating across over 25 international regulated markets. The Company’s B2C division is led by Meridianbet Group, an online sports betting and gaming operator founded in 2001 and licensed across Europe, Africa and South America. The Company’s B2B division, comprising game developer Expanse Studios and iGaming platform GMAG, develops, licenses and distributes proprietary gaming platforms and content to a global client base. For more information, visit www.meridian-holdings.com or email ir@meridian-holdings.com.
Current securities
Historical securities (1)
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Filed exhibits (2)
EX-99.2
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