Everi Reports 2020 First Quarter Results
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Everi Holdings Inc. (EVRI) Misses Q1 EPS by 6c, Revenues Miss
June 2, 2020 4:10 PM EDTEveri Holdings Inc. (NYSE: EVRI) reported Q1 EPS of ($0.16), $0.06 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $113 million versus the consensus estimate of $116.11 million.
First Quarter 2020 Highlights
Results impacted by the March casino closures due to the COVID-19 pandemicCompany took swift action to increase liquidity and reduce cash outflowsRevenue was $113.3 million compared to $123.8 million a year agoNet loss was $13.5 million, or a loss of $(0.16) per diluted share, inclusive of a $7.4 million pre-tax loss on extinguishment of debt, compared to net income of $5.9 million, or... More