Everi Holdings: Q4 Earnings Snapshot

LAS VEGAS (AP) — LAS VEGAS (AP) — Everi Holdings Inc. (EVRI) on Wednesday reported fourth-quarter earnings of $27 million.

On a per-share basis, the Las Vegas-based company said it had profit of 28 cents.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.

The cash access products company posted revenue of $205.4 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $197.7 million.

For the year, the company reported profit of $120.5 million, or $1.24 per share. Revenue was reported as $782.5 million.

Everi Holdings expects full-year earnings in the range of $1.50 to $1.65 per share.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVRI at https://www.zacks.com/ap/EVRI

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up