EVERI HOLDINGS to Report Earnings on Wednesday, Conference Call Registration Open Now

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EVERI HOLDINGS ($NYSE:EVRI) Inc. (NYSE: EVRI) is a leading provider of technology solutions for the casino gaming industry. On Wednesday, May 10, Everi will be releasing their earnings before the market opens, as reported by Zacks. This earnings call will provide investors and analysts with valuable insight into the company’s financial performance and outlook. Those interested can register for the conference call to learn more.

The company is well-positioned to capitalize on the growing demand for gaming technology products and services and is one of the top providers in the industry. It will be interesting to see how the company’s next earnings report fares in the market.

Earnings

EVERI HOLDINGS will be reporting its earnings on Wednesday, and the conference call registration is already open now. According to the latest earning report of FY2022 Q4 ending December 31 2022, EVERI HOLDINGS earned 205.36M USD in total revenue, and 27.04M USD in net income. Compared to the same period last year, total revenue increased by 13.8%, while net income decreased by 69.8%.

Looking back at the last 3 years, EVERI HOLDINGS’s total revenue has grown significantly from 119.55M USD to 205.36M USD. With the upcoming earning report and conference call, investors and analysts will be keen to see how the company has been performing and strategizing for long-term growth.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Everi Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Everi Holdings. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Everi Holdings. More…

Key Ratios Snapshot

Some of the financial key ratios for Everi Holdings are shown below. More…

Share Price

On Thursday, the company’s stock opened at $15.1, but closed at $14.8, a decline of 2.3% from its previous closing price. Investors are eagerly awaiting the release of the earnings report as it will give important insight into the financial health of the company, as well as its future prospects. The company has set up a conference call for investors to ask questions and discuss the results. Investors should keep a close eye on the conference call as it will provide more details on the future of the company. Overall, the decline in EVERI HOLDINGS stock indicates some uncertainty among investors.

However, the upcoming earnings report will provide a better idea of the company’s financial performance and prospects going forward. Live Quote…

Analysis

At GoodWhale, we have carried out an analysis of EVERI HOLDINGS‘s wellbeing. Our Star Chart indicated that EVERI HOLDINGS is classified as a ‘gorilla’, a type of company that has achieved stable and high revenue or earnings growth due to its strong competitive advantage. This type of company will be attractive to investors who seek companies with a long-term outlook and the potential for sustained profits. We have also given EVERI HOLDINGS an intermediate health score of 6/10, considering its cashflows and debt obligations. This suggests that this company is likely to be reliable in paying off debt and funding future operations. Additionally, EVERI HOLDINGS is strong in growth, profitability, but relatively weak in asset and dividend. More…

Peers

Its competitors include Galaxy Gaming Inc, Inspired Entertainment Inc, Four Corners Inc. Everi Holdings Inc operates in the US, Europe, and Asia Pacific.

– Galaxy Gaming Inc ($OTCPK:GLXZ)

Galaxy Gaming Inc is a gaming company that operates in the casino industry. It designs, develops, and manufactures casino table games and gaming equipment. The company has a market cap of 61.85M as of 2022 and a Return on Equity of -17.14%. Galaxy Gaming is headquartered in Las Vegas, Nevada.

– Inspired Entertainment Inc ($NASDAQ:INSE)

Inspired Entertainment is a global games technology company that provides virtual sports, mobile gaming and server-based gaming systems for regulated markets. The company’s products are available in over 35,000 retail locations and online sites in over 40 countries. The company has a market cap of 308.85M as of 2022 and a Return on Equity of -51.07%.

– Four Corners Inc ($OTCPK:FCNE)

Four Corners Inc is a publicly traded company that owns and operates a chain of casual dining restaurants. The company was founded in 1988 and is headquartered in Houston, Texas. As of 2022, Four Corners Inc had a market capitalization of 10.79 million and a return on equity of -21.68%. The company’s primary business is operating and franchising casual dining restaurants under the Four Corners name. The company operates or franchises over 60 restaurants in 10 states across the United States.

Summary

Investors interested in EVERI HOLDINGS should be aware that the company is scheduled to release its earnings report on Wednesday, May 10. According to Zacks, the report is expected to provide insight into the current financial status of the company and its outlook for the future. Analysts will be closely watching the results, including any changes in revenue, operating income, net income, and EPS.

Additionally, investors should also be aware of any changes in guidance or management commentary that may accompany the report. Lastly, it’s important to note if any new initiatives have been launched since the last earnings report that could have a positive or negative impact on the company’s performance.