Global Cash Access Holdings (GCA) Tops Q1 EPS by 1c; Boosts FY14 Outlook
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Global Cash Access Reports First Quarter 2014 Results
May 6, 2014 4:10 PM EDTLAS VEGAS, May 6, 2014 (GLOBE NEWSWIRE) -- Global Cash Access Holdings, Inc. (the "Company") (NYSE: GCA) announced today financial results for the first quarter ended March 31, 2014.
First Quarter 2014 Highlights
Revenues increased by 3% and Cash Advance revenues increased by 6% Diluted EPS increased by 22% to $0.11 Cash EPS increased by 16% to $0.22 and Adjusted EBITDA increased by 8% to $19.4 million 2014 Outlook updated - Cash EPS $0.87 to $0.91 and Adjusted EBITDA $76 million to $79 million GCA renewed its agreements to provide cash access services to The Seminole Tribe of Florida GCA renewed its agreements to provide cash... More