Everi Reports 2017 Fourth Quarter and Full Year Results

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Everi Holdings Inc. (EVRI) Misses Q4 EPS by 29c, Revenue Beats

March 13, 2018 4:11 PM EDT

Everi Holdings Inc. (NYSE: EVRI) reported Q4 EPS of ($0.37), $0.29 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $247.9 million versus the consensus estimate of $234.1 million.

2018 Outlook

Everi today provided its forecast for 2018 financial and operational metrics. The Company expects to generate revenue and Adjusted EBITDA growth in 2018 with Adjusted EBITDA expected to grow 6% to 8% to between $225 million to $230 million.

The Company also provided the following expectations and assumptions that underlie its 2018 financial outlook:

The Company expects full year Games unit sales... More