Brief: Everi Reports Record Fourth Quarter And Full Year 2021 Results

Everi Holdings

01/03/2022 12:24

March 1 (Reuters) - Everi Holdings Inc  EVRI.N :
    * EVERI REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2021
RESULTS
    * Q4 REVENUE ROSE 51 PERCENT TO $180.4 MILLION
    * Q4 OPERATING EARNINGS PER SHARE $0.62
    * Q4 EARNINGS PER SHARE $0.88
    * INITIATED ANNUAL GUIDANCE FOR 2022
    * EXPECTATION FOR YEAR-OVER-YEAR INCREASES IN REVENUE,
ADJUSTED
EBITDA AND FREE CASH FLOW IN 2022
    * EXPECTS OPERATING INCOME TO INCREASE 8% TO 13% YEAR OVER
YEAR
DRIVING NET INCOME TO A RANGE OF $125 MILLION TO $132 MILLION IN
2022
    * SEES 2022 ADJUSTED EBITDA TO INCREASE 6% TO 8% YEAR OVER
YEAR TO
A RANGE OF $368 MILLION TO $376 MILLION
    * EVERI HOLDINGS- 2022 OUTLOOK REFLECTS LIKELY IMPACT FROM
LESS
GOVERNMENT STIMULUS BENEFITS, INCREASE IN INFLATIONARY PRESSURE
ON CONSUMER DISCRETIONARY SPENDING
    * Q4 EARNINGS PER SHARE VIEW $0.36, REVENUE VIEW $167.5
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nPn2MvhhSa 
Further company coverage:  EVRI.N 

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