Everi

Everi Holdings, Inc. engages in the provision of technology solutions to the casino, interactive and gaming industry. It operates through the following segments: Games and FinTech. The Games segment focuses on leased gaming equipment, sales of gaming equipment, gaming systems, interactive solutions and ancillary products and services. The FinTech segment provides access to cash at gaming facilities via ATM cash withdrawals, credit card cash access transactions and point of sale debit card cash access transactions, check-related services, fully integrated kiosks and maintenance services, compliance, audit and data software, casino credit data and reporting services and other ancillary offerings. The company was founded on February 4, 2004 and is headquartered in Las Vegas, NV.

Earnings data Q4 2020

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Everi posts robust Q4 earnings, eyes North American VLT market

Everi's Q4 2022 performance reflects strong revenue growth and profitability, driven by high-margin recurring revenue streams.
The company's focus on new initiatives, including digital iGaming and expansion into new markets, positions it for continued growth.
Challenges lie in managing supply chain issues, balancing costs with revenue growth, and optimizing capital deployment.
Opportunities abound in entering new markets, pursuing M&A, and introducing innovative gaming products to drive future success.

Everi reports strong Q1 earnings, eyes new market growth

Everi's Q1 2023 performance showed solid revenue growth, driven by successful product launches and strategic acquisitions.
While facing challenges in certain U.S. gaming regions and potential shipment delays, Everi remains focused on expanding into new markets and maintaining financial strength.
Opportunities in digital gaming, new market segments, and ongoing product innovation position Everi for continued growth and earnings success.
With a reaffirmed annual guidance and strong financial metrics, Everi is poised for a promising year ahead with a focus on sustainable growth.

Everi reports solid Q2 performance, eyes growth through digital initiatives

Everi's Q2 2023 performance was solid, driven by Fintech revenue growth and strategic acquisitions.
Challenges include unexpected churn in the installed base and revised annual guidance due to higher expenses.
Opportunities lie in new product releases, digital initiatives, and growth from recent acquisitions.

Everi reports solid Q3 performance, eyes growth in new markets

Everi's Q3 performance showcased resilience and strategic focus on long-term growth, with strong revenue and EBITDA figures.
Despite challenges in the Games business, the company's proactive approach to innovation and market expansion bodes well for future success.
Opportunities in new markets and product offerings, coupled with a solid capital allocation strategy, position Everi for accelerated growth in 2024.

Everi to merge with IGT, anticipates revenue growth acceleration

Everi Holdings plans to merge with IGT's businesses, expecting revenue growth acceleration and synergies. Despite challenges in operating expenses, the company anticipates improved performance in the second half of 2024. Opportunities lie in revenue growth, Fintech business improvement, and new product launches.

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Everi Holdings, Inc. engages in the provision of technology solutions to the casino, interactive, and gaming industry. It operates through the Games and Financial Technology Solutions (FinTech) segments. The Games segment focuses on leased gaming equipment, sales of gaming equipment, gaming systems, interactive solutions, and ancillary products and services. The FinTech segment provides access to cash at gaming facilities via ATM cash withdrawals, credit card cash access transactions and point of sale debit card cash access transactions, check-related services, fully integrated kiosks and maintenance services, compliance, audit and data software, casino credit data, and reporting services and other ancillary offerings. The company was founded on February 4, 2004 and is headquartered in Las Vegas, NV.

All-Time Quarterly Record Revenues of $197.2 Million Drive Second Quarter Net Income of $32.5 Million and Adjusted EBITDA of $94.4 Million Games and FinTech Segments Each Generate Record Quarterly Recurring Revenues Highest-Ever Quarterly Sales of 1,957 Gaming Machines and Second Consecutive Quarter with More than $10 Billion in Funds Delivered to Customers' Casino Floors Repurchased 2.0 Million Shares for $33.3 Million LAS VEGAS , Aug. 3, 2022 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced results for the second quarter ended June 30, 2022. Everi also reiterated its full year outlook for Net income, Adjusted EBITDA and Free Cash Flow.

EVERI REPORTS RECORD SECOND QUARTER 2022 RESULTS

LAS VEGAS , July 12, 2022 /PRNewswire/ -- Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2022 second quarter results before the market opens on Wednesday, August 3, 2022, and host a conference call and simultaneous webcast at 11:00 a.m. ET / 8:00 a.m.

EVERI TO REPORT 2022 SECOND QUARTER RESULTS ON AUGUST 3 AND HOST CONFERENCE CALL AND WEBCAST

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Recognized in Nevada for Second Consecutive Year; Ten Total Top Workplaces Awards Wins in Last Year LAS VEGAS , June 8, 2022 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, today announced that the Company was recognized by the Las Vegas Review-Journal and Las Vegas Business Press with a 2022 Nevada Top Workplaces® award. Everi was named to the Nevada Top Workplaces list for the second consecutive year, with this most recent recognition marking a total of 10 "Top Workplaces" awards over the past year.

Everi Named to Nevada "Top Workplaces" List by the Las Vegas Review-Journal and Las Vegas Business Press

Everi Holdings Inc.(NYSE:EVRI ) Q1 2022 Earnings Conference Call May 10, 2022 11:00 AM ET Company Participants Bill Pfund - VP, IR Randy Taylor - CEO Mark Labay - CFO Kate Lowenhar-Fisher - General Counsel Dean Ehrlich - Games Business Leader Darren Simmons - FinTech Business Leader Conference Call Participants Jeff Stantial - Stifel Barry Jonas - Truist Chad Beynon - Macquarie John Davis - Raymond James David Katz - Jefferies George Sutton - Hallum Edward Engel - ROTH Capital Ricardo Chinchilla - Deutsche Bank Operator Greetings, and welcome to the Everi Holdings First Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note, this conference is being recorded.

Everi Holdings Inc.(EVRI) CEO Randy Tayloron Q12022 Results - Earnings Call Transcript

A strong quarter and an upbeat outlook have shareholders looking up.

Why Everi Stock Jumped on Tuesday

Everi Holdings (EVRI) delivered earnings and revenue surprises of 10.71% and 3.67%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Everi Holdings (EVRI) Beats Q1 Earnings and Revenue Estimates

Games and FinTech Segments Generate Highest-Ever Quarterly Recurring Revenues First Quarter Record Revenues of $175.6 Million Drives Record First Quarter Net Income of $31.5 Million, $0.31 in EPS and Adjusted EBITDA of $89.6 Million Record Quarterly Financial Access Revenues Reflect More than $10 Billion of Funds Delivered to Customers' Casino Floors Board of Directors Authorizes $150 Million Share Repurchase Program LAS VEGAS , May 10, 2022 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced results for the first quarter ended March 31, 2022. First Quarter 2022 Financial Highlights Revenues rose 26% to $175.6 million from $139.1 million in the 2021 first quarter, led by a quarterly record $134.4 million of recurring revenues.

EVERI ANNOUNCES RECORD FIRST QUARTER 2022 RESULTS

Everi Holdings (EVRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Everi Holdings (EVRI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Accelerates Company's Entry into HHR Market LAS VEGAS , May 3, 2022 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced that it has acquired Intuicode Gaming Corporation ("Intuicode"), a privately owned game development and engineering firm focused on Historical Horse Racing ("HHR") games. In 2021, Intuicode generated over $10 million in annual revenue from the sale of gaming machines and recurring participation revenue from game theme placements at HHR locations throughout the United States.

Everi Acquires Developer of Historical Horse Racing Games, Intuicode Gaming

Recognized for Leadership, Innovation, Compensation & Benefits, and Work-life Flexibility LAS VEGAS , April 27, 2022 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, today announced the Company was recognized with 2022 Top Workplaces® "Culture Excellence" awards at a national level in four categories: Leadership, Innovation, Compensation & Benefits, and Work-life Flexibility. The most recent recognition marks a total of nine "Top Workplaces" awards earned by Everi over the past year.

Everi Holdings Earns Four 2022 Top Workplaces "Culture Excellence" Awards

New Player Classic Signature™ Mechanical Cabinet, Over 10 Themes on the Empire Flex™ Portrait Cabinet, FinTech "Digital Neighborhood," and Spark™ Remote Game Server Among Everi Offerings at Indian Gaming Tradeshow & Convention ANAHEIM, Calif. and LAS VEGAS, April 19, 2022 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced it will showcase the new Player Classic Signature™ cabinet with seven new classic stepper themes as well as compelling content for the Empire Flex™ cabinet, alongside the Company's latest FinTech and iGaming innovations at the 2022 Indian Gaming Tradeshow & Convention, to be held April 21-22, 2022, at the Anaheim Convention Center in Anaheim, California.

Everi Holdings to Showcase In-Demand Games, FinTech Advancements, and Digital Content at the 2022 Indian Gaming Tradeshow & Convention

LAS VEGAS, April 18, 2022 /PRNewswire/ -- Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2022 first quarter results before the market opens on Tuesday, May 10, 2022, and host a conference call and simultaneous webcast at 11:00 a.m. ET / 8:00 a.m.

EVERI TO REPORT 2022 FIRST QUARTER RESULTS ON MAY 10 AND HOST CONFERENCE CALL AND WEBCAST

Acquisition Increases Loyalty Technology Capabilities LAS VEGAS , April 14, 2022 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced that it has acquired certain strategic assets of XUVI, LLC ("XUVI"), a privately owned marketing platform provider designed to value, target and engage customers to increase loyalty through immersive data analytics utilizing customer behaviors and artificial intelligence. The acquisition was funded from existing cash on hand.

Everi Acquires Strategic Assets from XUVI

Multiple Operators Launch Everi Digital iGaming Content TORONTO and LAS VEGAS , April 4, 2022 /PRNewswire/ -- Everi Interactive LLC d/b/a Everi Digital, the online gaming subsidiary of Everi Holdings Inc. (NYSE:EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced that it holds a supplier license from the Alcohol and Gaming Commission of Ontario. This license allows Everi Digital to expand the reach of its content to multiple operators serving the newly regulated Ontario iGaming market.

Everi Digital Expands High-Performing OnlineSlot and Gaming Content in Ontario

LAS VEGAS, March 10, 2022 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, announced today an agreement between the Company and the U.S. Army whereby Everi will enter the Army's Partnership for Youth Success ("PaYS") Program. The PaYS Program is a strategic partnership between the U.S. Army and a cross section of corporations, companies, and public sector agencies.

EVERI HOLDINGS JOINS THE U.S. ARMY'S PARTNERSHIP FOR YOUTH SUCCESS PROGRAM

LAS VEGAS, March 7, 2022 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, announced today that the Company won three awards at the fourth annual EKG Slot Awards. The EKG Slot Awards recognize excellence in land-based and interactive slot machine game development.

EVERI HOLDINGS RECOGNIZED IN THREE CATEGORIES AT 2022 EKG SLOT AWARDS

Everi Holdings Inc. (EVRI) CEO Mike Rumbolz on Q4 2021 Results - Earnings Call Transcript

Everi Holdings (EVRI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Everi Holdings (EVRI) Upgraded to Strong Buy: Here's Why

Everi Holdings (EVRI) delivered earnings and revenue surprises of -27.78% and 7.36%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Everi Holdings (EVRI) Q4 Earnings Lag Estimates

LAS VEGAS, March 1, 2022 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced results for the fourth quarter and full year ended December 31, 2021 Fourth Quarter 2021 Financial Highlights Revenues rose 51% to a quarterly record $180.4 million from $119.6 million in the 2020 fourth quarter. Net income grew to a record $89.4 million, or $0.88 per diluted share, compared to $1.1 million, or $0.01 per diluted share, in the 2020 fourth quarter; net income in the 2021 fourth quarter includes an improvement of 180% in operating income as well as a $63.5 million, or $0.62 per share, income tax benefit related to the reversal of deferred tax asset valuation allowances.

EVERI REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2021 RESULTS

Here is how Everi Holdings (EVRI) and Omnicom (OMC) have performed compared to their sector so far this year.

Is Everi Holdings (EVRI) Outperforming Other Business Services Stocks This Year?

Everi Holdings (EVRI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Everi Holdings (EVRI) Might Surprise This Earnings Season

The average of price targets set by Wall Street analysts indicates a potential upside of 49% in Everi Holdings (EVRI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Believe Everi Holdings (EVRI) Could Rally 49%: Here's is How to Trade

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