Everi Reports Record 2019 Fourth Quarter and Full Year Results
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Everi Holdings Inc. (EVRI) Misses Q4 EPS by 13c, Revenues Beat
March 2, 2020 4:09 PM ESTEveri Holdings Inc. (NYSE: EVRI) reported Q4 EPS of ($0.05), $0.13 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $145.2 million versus the consensus estimate of $132.61 million.
Fourth Quarter 2019 Highlights
Revenue increased 22% to a quarterly record $145.2 millionNet loss was $4.1 million, or $(0.05) per diluted share, inclusive of a $6.4 million pre-tax charge related to a litigation settlement, compared to net income of $4.2 million, or $0.06 per diluted share, in the prior yearAdjusted EBITDA, a non-GAAP financial measure, increased 16% to $63.2 millionFree Cash Flow, a non-GAAP financial measure, increased $6.4 million to $4.5... More