Meridian Holdings swings to Q3 net loss of $14.7 million year over year; Q3 revenue falls to $46 million

• Meridian Holdings swung to a third-quarter 2026 net loss attributable to shareholders of $13.3 million from a year-earlier profit.
• Results included $11.5 million in non-cash impairment charges, including a $5.5 million write-off following Brazil's fixed-odds betting ban.
• Revenue fell year-over-year to $46 million, while nine-month revenue rose 10% to $146.3 million.
• Total debt fell 47% year-over-year to $24.1 million at September 30, marking a seventh consecutive quarter of deleveraging.
• The updated full-year 2026 outlook projects revenue of $195 million to $198 million, assuming Brazilian operations remain suspended.

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: 0001477932-26-006816), on November 10, 2026, and is solely responsible for the information contained therein.