Everi Holdings Inc. (EVRI) Tops Q3 EPS by 4c

Everi Holdings Inc. (NYSE: EVRI) reported Q3 EPS of $0.03, $0.04 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $120.3 million versus the consensus estimate of $113.5 million.

Outlook

Everi today reiterated its expectation for 2018 full year Adjusted EBITDA to be in a range of $228 million to $231 million. The Company continues to expect full year capital expenditures and placement fees of $125 million to $130 million, reflecting capital expenditures of approximately $104 million to $109 million and placement fee payments of approximately $21 million.

For a reconciliation of projected net income to projected Adjusted EBITDA, see the Reconciliation of Projected Net Income to Projected EBITDA and Projected Adjusted EBITDA provided at the end of this release.

For earnings history and earnings-related data on Everi Holdings Inc. (EVRI) click here.

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