Everi Holdings is a provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions. It stated that it expects to set new quarterly revenue records in its second-quarter results ending June 30. They expect revenue ranging from $167 million to $172 million.
The increase is more than 25 percent higher than the pre-pandemic 2019 second-quarter figure of $129.7 million.
“The expected record 2021 second-quarter results demonstrate meaningful quarterly sequential improvement compared to the 2021 first-quarter results, as well as significant growth compared to the pre-pandemic 2019 second-quarter results, even with a lesser impact from the pandemic,” the company said.
“Our strong performance because of Everi Team’s collaborative efforts to continuously improve our product portfolio and innovate new products. It will help our customers extend the connection with their guests and operate more efficiently. Given the momentum of our products in both of our business segments and our continued focus on operational execution, we believe Everi is in good position to generate strong Free Cash Flow and further grow shareholder value.”