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SGMS News and Press, Scientific Games Corp From 03/02/22

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Company Name: Scientific Games Corp
Stock Symbol: SGMS
Market: NASDAQ
Website: scientificgames.com

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SGMS - Scientific Games rallies on significant quarter performance led by gaming sector upbeat

Scientific Games (SGMS +12.4%) Q4 revenue surged 21% as revenue from U.S. surged 112% Y/Y; SciPlay delivered second highest revenue quarter ever with growth in key payer metrics; iGaming revenue increased 15% and SciPlay revenue was $154M (+5% Y/Y). Legal name change to Light &...

SGMS - Scientific Games Corporation (SGMS) CEO Barry Cottle on Q4 2021 Results - Earnings Call Transcript

Scientific Games Corporation (SGMS) Q4 2021 Earnings Conference Call March 1, 2022 04:30 PM ET Company Participants Jim Bombassei - Senior Vice President of Investor Relations Jamie Odell - Chairman Antonia Korsanos - Executive Chairman Barry Cottle - President and CEO Connie James - EVP, CFO...

SGMS - Scientific Games Corporation 2021 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Scientific Games Corporation in conjunction with their 2021 Q4 earnings call. For further details see: Scientific Games Corporation 2021 Q4 - Results - Earnings Call Presentation

SGMS - Scientific Games Corporation Will Transform into Light & Wonder

Company sets sights on becoming the leading cross-platform global game company Introduction of a new identity is the culmination of a year-long strategic process Scientific Games Corporation (NASDAQ: SGMS) (“Scientific Games” or the “Company&...

SGMS - Scientific Games GAAP EPS of $0.58 beats by $0.49, revenue of $580M beats by $21.21M

Scientific Games press release (NASDAQ:SGMS): Q4 GAAP EPS of $0.58 beats by $0.49. Revenue of $580M (+20.8% Y/Y) beats by $21.21M. For further details see: Scientific Games GAAP EPS of $0.58 beats by $0.49, revenue of $580M beats by $21.21M

SGMS - Scientific Games authorizes three-year, $750M share buyback plan

Scientific Games (NASDAQ:SGMS) has authorized a 3-year, $750M share repurchase program. CEO Barry Cottle noted that, "We see buy-backs at current share price levels as highly accretive to shareholder value. We will always prefer using our capital for buy-backs, debt reduction and organic inve...

SGMS - Scientific Games Provides Business Strategy Update and Reports Fourth Quarter and Full Year 2021 Results

Scientific Games to Be Rebranded “Light & Wonder,” Reflecting Transformation to a Cross-platform Global Game Company Company Expects to Significantly De-lever, Targeting Net Debt Leverage Ratio (1) Range of 2.5x to 3.5x Company Provides ...

SGMS - Investment in Gaming Companies Hits Massive New Highs

FN Media Group Presents Microsmallcap.com Market Commentary New York, NY – March 1, 2022 – Gaming companies are in the midst of an M&A race to fight for exclusivity, size, and financial potential. Large companies are spending millions to acquire smaller gam...

SGMS - Mittleman Brothers - International Game Technology PLC: First Ever Share Buyback

International Game Technology reinstated a cash dividend and announced its first ever share buyback program in Q4. Sports gambling provides a tailwind of a large secular growth story that is underappreciated with IGT. MIM increased its estimate of IGT’s fair value to $39 du...

SGMS - Mittleman Brothers Q4 2021 Investor Letter

Mittleman Investment Management, LLC is an SEC-registered investment adviser that provides discretionary portfolio management to institutional investors and high-net-worth individuals. Value investing seems to be regaining some fans as interest rates rise along with inflation, factors...

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