Everi Holdings Inc. reported a strong third quarter with a 25% increase in revenues to $168.3 million compared to Q3 2019. Operating income more than doubled to a record $55.1 million. Free Cash Flow increased more than fivefold to a quarterly record of $56.3 million. The company raised its full-year revenue and earnings guidance.
Everi Holdings Inc. reported record financial results for the second quarter ended June 30, 2021, with revenue, net income, Adjusted EBITDA, and Free Cash Flow all slightly above the ranges provided on June 21, 2021. The results reflect continued strength in casino patron demand and improvements in the Games and FinTech segments.
Everi reported a strong start to 2021 with record first quarter revenue of $139 million, and all-time quarterly record net income of $21 million, Adjusted EBITDA of $75 million, and Free Cash Flow of $44 million.
Everi Holdings Inc. reported Q3 2020 financial results, showing revenue increase from Q2 2020, but a decrease compared to Q3 2019. The company achieved operating income, a reduced net loss, and a significant increase in Adjusted EBITDA and Free Cash Flow compared to the previous quarter. They also repaid their revolving credit facility.
Everi Holdings Inc. reported a decrease in revenue to $38.7 million compared to $129.7 million a year ago, and a net loss of $68.5 million, or $0.80 per diluted share. However, the company achieved positive Adjusted EBITDA of $3.3 million and expects to generate positive free cash flow in the third quarter.