Scientific Games Reports Third Quarter 2020 Results
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Scientific Games (SGMS) Misses Q3 EPS by 46c, Revenues Beat
November 4, 2020 4:05 PM ESTScientific Games (NASDAQ: SGMS) reported Q3 EPS of ($1.23), $0.46 worse than the analyst estimate of ($0.77). Revenue for the quarter came in at $698 million versus the consensus estimate of $645.74 million.
Third Quarter 2020 Financial Highlights:
Third quarter revenue was $698 million compared to $855 million in the prior year period and an increase from $539 million in the second quarter. The Company's Gaming revenue was negatively impacted by the COVID-19 disruptions that has resulted in continued reduced operations of casino operators globally. Our Lottery, SciPlay and Digital businesses grew in the quarter, highlighting the strategic... More