Everi expects record Q2 results, above 2019 levels

Everi expects record Q2 results, with revenue of between $167 million – $172 million, up over 25 percent from its pre-pandemic levels in 2019.

The company expects 2021 second quarter net income of $31 million to $34 million compared to $20.5 million in the 2021 first quarter and $5.5 million in the 2019 second quarter.

Michael Rumbolz, Chief Executive Officer of Everi, said: “Our expected record 2021 second quarter results highlight the ongoing strength of our core recurring revenue businesses and the benefit of our organic growth initiatives.”

“Both our Games and FinTech segments are performing significantly above pre-pandemic periods, driving substantial improvements in our total revenue, net income, Adjusted EBITDA, and Free Cash Flow.”

Company release