Everi Holdings Inc. (EVRI) Tops Q4 EPS by 1c

Everi Holdings Inc. (NYSE: EVRI) reported Q4 EPS of $0.01, $0.01 better than the analyst estimate of $0.00. Revenue for the quarter came in at $119.6 million versus the consensus estimate of $115.75 million.

2021 First Quarter Outlook:

Notwithstanding the continuing impact from casino closures, slower casino activity to-date in 2021 and the severe winter weather that impacted much of the country in February, Everi expects 2021 first quarter operating and financial results to exceed 2020 first quarter results and for revenues, net income and Adjusted EBITDA to be comparable to or be slightly ahead of its 2020 fourth quarter results.

Based on current conditions and performance trends in both of the Company’s operating segments and barring any further macro-economic or pandemic-related setback, Everi expects that operating results in the second half of 2021 will outperform the first half of the year.

For earnings history and earnings-related data on Everi Holdings Inc. (EVRI) click here.

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