Expansion And Market EntryThe company is broadly pursuing expansion into new markets, recently receiving a license in Brazil and targeting multiple regions in the US and Europe for expansion.

Strategic AcquisitionsGMGI can continue balancing its organic growth runway largely by pursuing expansion into new markets, while also bolstering its pace of growth and global expansion via strategic acquisitions of profitable diverse gaming businesses that provide compelling synergies.

User Acquisition And EngagementMeridianbet revenue was $29.2M, up 5% q/q and 16% y/y, reflecting strong user acquisition and engagement.

Bears Say

Revenue MissThe slight revenue miss was largely due to unfavorable sportsbook outcomes in Europe, which have already reversed with 25% y/y growth in July on a constant currency basis.

MRDN FAQ

What was Meridian Holdings’s price range in the past 12 months?

Meridian Holdings lowest stock price was $5.80 and its highest was $26.52 in the past 12 months.

What is Meridian Holdings’s market cap?

Meridian Holdings’s market cap is $123.76M.

When is Meridian Holdings’s upcoming earnings report date?

Meridian Holdings’s upcoming earnings report date is May 29, 2026 which is in 73 days.

How were Meridian Holdings’s earnings last quarter?

Currently, no data Available

Is Meridian Holdings overvalued?

According to Wall Street analysts Meridian Holdings’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Meridian Holdings pay dividends?

Meridian Holdings does not currently pay dividends.

What is Meridian Holdings’s EPS estimate?

Meridian Holdings’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Meridian Holdings have?

Meridian Holdings has 12,641,062 shares outstanding.

What happened to Meridian Holdings’s price movement after its last earnings report?

Currently, no data Available

Which hedge fund is a major shareholder of Meridian Holdings?

Currently, no hedge funds are holding shares in MRDN

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Meridian Holdings Stock Smart Score

Underperform

Blogger Sentiment

Bullish

MRDN Sentiment 70%
Sector Average ―

Technicals

Fundamentals

Return on Equity

-4.94%

Trailing 12-Months

Asset Growth

-1.72%

Trailing 12-Months

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Company Description

Meridian Holdings

Meridian Holdings, Inc. engages in offering casino, sportsbook, and competition products. Its brands include R Kings Competitions, MexPlay, and GM-AG. It operates through the Business-to-business (B2B) and Business-to-consumer (B2C) segments. The B2B segment is involved in the charges of usage of its software and royalties charged on the use of third-party gaming content. The B2C segment focuses on the charges to enter prize competitions in the United Kingdom. The company was founded by Weiting Feng and Anthony Brian Goodman on June 4, 2008 and is headquartered in Las Vegas, NV.