Scientific Games (SGMS) Post Q3 Loss, Sales Beat Views

Scientific Games (NASDAQ: SGMS) reported Q3 EPS of ($0.50), which may note compare to the analyst estimate of ($0.35). Revenue for the quarter came in at $415.6 million versus the consensus estimate of $404.63 million.

"During the quarter, the Company generated $126 million of cash flow from operations, which after $62 million of capital expenditures resulted in $65 million of free cash flow," said Gavin Isaacs, President and Chief Executive Officer. "While our operating results still require further improvement to achieve the level of performance we expect, we believe we are making solid progress in utilization of working capital, implementation of WMS-related integration initiatives, strengthening the organization-wide focus on disciplined cost management and directing capital allocation only toward our highest-return opportunities."

For earnings history and earnings-related data on Scientific Games (SGMS) click here.

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