Everi Reports 2020 Second Quarter Results

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Everi Holdings Inc. (EVRI) Tops Q2 EPS by 64c, Revenues Beat

August 4, 2020 5:40 PM EDT

Everi Holdings Inc. (NYSE: EVRI) reported Q2 EPS of $0.07, $0.64 better than the analyst estimate of ($0.57). Revenue for the quarter came in at $38.7 million versus the consensus estimate of $21.58 million.

Second Quarter 2020 Results

Revenue was $38.7 million compared to $129.7 million a year agoNet loss was $68.5 million, or a loss of $0.80 per diluted share, inclusive of $14.8 million of pre-tax charges associated with asset write-offs and write-downs, severance, facility consolidation and certain business restructuring costs to streamline operations and improve our cost structure; Net income was $5.5 million, or $0.07 per diluted share, in the prior year... More