EVRI - Everi Holdings Non-GAAP EPS of $0.41 beats by $0.13 revenue of $208.7M misses by $0.6M
2023-08-09 07:06:48 ET
- Everi Holdings press release ( NYSE: EVRI ): Q2 Non-GAAP EPS of $0.41 beats by $0.13 .
- Revenue of $208.7M (+5.8% Y/Y) misses by $0.6M .
- FinTech segment revenues grew 13% to $95.6 million, reflecting a 26% increase in software and other revenues, a 9% rise in financial access revenues and a 6% increase in hardware revenues
- Games segment revenues rose 1% to $113.1 million, reflecting a 5% rise in gaming operations partially offset by an 8% decline in gaming equipment and systems sales revenues
- Recurring revenues grew 9% to $151.6 million and represented 73% of total revenues; non-recurring revenues declined 1% to $57.1 million
- Revised 2023 outlook, including net income range of $98 million to $106 million, Adjusted EBITDA range of $380 million to $386 million and Free Cash Flow range of $147 million to $153 million
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Everi Holdings Non-GAAP EPS of $0.41 beats by $0.13, revenue of $208.7M misses by $0.6M