Everi Holdings Analysts Slash Their Forecasts After Q4 Results

by

in

Everi Holdings Inc. (NYSE: EVRI) reported downbeat sales results for its fourth quarter on Thursday.

Everi Hldgs posted adjusted earnings of 30 cents per share, beating market estimates of 20 cents per share. The company’s quarterly sales came in at $192.00 million, missing expectations of $198.46 million, according to data from Benzinga Pro.

Randy Taylor, Chief Executive Officer of Everi, said, “This morning we announced the strategic combination of Everi with IGT’s Gaming and Digital businesses. We are excited about the opportunity to bring together the two companies to create a world class leader in gaming …

Full story available on Benzinga.com