Everi Holdings (EVRI) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -63.64%. A quarter ago, it was expected that this cash access products company would post earnings of $0.08 per share when it actually produced earnings of $0.04, delivering a surprise of -50%.Over the last four qua ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-32622 EVERI HOLDINGS INC. (Exact name of registrant as specified in its charter) Delaware 20-0723270 (State or other jurisdicti ...

Wall Street expects a year-over-year increase in earnings on lower revenues when Everi Holdings (EVRI) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 29, 2025 Everi Holdings Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation) (Commission File Number) Delaware 001-32622 20-0723270 (IRS Employer Identification No.) 7250 S. Tenaya Way, Suite 100 Las Vegas, Nevada 89113 (Address of pri ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and ...

Robust Lineup of Core Video Products on Display with More than 10 New Themes BeOn™ Mobile Services Platform and Additional Integrated FinTech Solutions Improve Guest Experiences, Operational Efficiencies All-in-one, mobile games solution Vi ® featured at IGA DigitalPlay Summit LAS VEGAS and SAN DIEGO, April 1, 2025 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty ...

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Has Everi Holdings (EVRI) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Everi Holdings is a member of the Business Services sector. This group includes 290 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the aver ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to ...

Financial Transactions and Proceeds - Everi stockholders will receive $14.25 per share in cash as part of the Proposed Transaction with IGT, which is expected to close in 2024[24]. - IGT will receive $4.1 billion of gross cash proceeds for IGT Gaming, subject to customary transaction adjustments[26]. Market Presence and Installed Base - As of December 31, 2024, approximately 9,554 units, or 59.9% of the total installed base, were outside of the Oklahoma tribal market[32]. - Premium game installations represented approximately 44.9% of Everi's total installed base as of December 31, 2024[32]. - As of December 31, 2024, the company served over 2,800 casinos and gaming properties primarily in the United States, Canada, and Australia[67]. Research and Development - Everi plans to increase investment in research and development to innovate and introduce new gaming hardware and theme content[32]. - The company focuses on research and development for both Gaming and FinTech, aiming to enhance existing product lines and develop new gaming systems and payment products[72][73]. - The company has made significant investments in R&D, with costs primarily related to salaries, consulting fees, and testing fees, indicating a commitment to innovation[74]. Business Segments - Everi operates across two business segments: Games and Financial Technology Solutions (FinTech)[21]. - The FinTech segment generates revenue from three major streams: Financial Access Services, Software and Other, and Hardware[42]. Economic and Employment Factors - The Company has experienced impacts from macro-economic volatility, including inflation and interest rate movements, affecting its supply chain[27]. - Employment constraints due to inflation have led to increased wages and related costs for the Company[28]. Financial Technology Solutions - Everi's financial technology products support digital, cashless, and physical cash options across various channels[23]. - Funds dispensed transactions represent the largest category of electronic payment transactions processed by Everi, involving direct access to funds via ATMs or enabled devices[45]. - The CashClub Wallet® offers patrons a digital cashless method to fund their entertainment experience, integrating various funding options including credit card transactions and ACH[56]. - Everi Compliance automates compliance processes for gaming operators, including filing Suspicious Activity Reports (SARs) and Currency Transaction Reports (CTRs), improving efficiency and accuracy[61]. - Central Credit service allows gaming operators to access a database of credit information on millions of gaming patrons, aiding in credit-granting decisions[62]. Product Innovations - The Player Classic Reserve cabinet, launched in 2023, features a high-profile three-reel mechanical design with extensive top box capabilities[40]. - The JackpotXpress platform streamlines jackpot payout processes, reducing wait times and enhancing customer engagement[57]. - The Loyalty Platform enables gaming operators to deliver personalized promotions and content, enhancing patron engagement and retention[58]. - The company offers a range of kiosk solutions, including JackpotXchange kiosks for efficient jackpot payouts and CageConnect for streamlined cash dispensing operations[69]. Compliance and Regulatory Environment - The company is in substantial compliance with gaming and financial institution laws and regulations, overseen by a dedicated compliance program[96]. - The gaming industry is highly regulated, with various laws governing the operation of gambling and financial services[97]. - The company must maintain licenses and approvals from Gaming Authorities to operate in various jurisdictions[100]. - The process of obtaining necessary licenses involves substantial disclosure and regulatory scrutiny[101]. - The company’s gaming devices require certification from Gaming Authorities before sale[102]. - The company is subject to financial services regulations, including the Durbin Amendment, which affects debit card interchange fees[108]. - The company implements policies to comply with privacy regulations, including the Gramm-Leach-Bliley Act and state privacy laws[119]. Financial Obligations and Performance - Total contractual obligations as of December 31, 2024, amount to $1,345,452,000, with $960,500,000 in debt obligations and $238,685,000 in estimated interest obligations[298]. - The company incurred usage fees of approximately $18.6 million, $20.4 million, and $9.3 million for the years ended December 31, 2024, 2023, and 2022, respectively, due to increased funds dispensing volumes and higher interest rates[302]. - The outstanding balances under the Contract Cash Solutions Agreement with Wells Fargo were approximately $379.3 million and $388.5 million as of December 31, 2024, and 2023, respectively[304]. - The company is required to make quarterly principal payments on its Term Loan, with a total of $20.0 million paid during the fourth quarter of fiscal year 2024[299]. - Lease obligations total $37,416,000, with $9,219,000 due in 2025[298]. Workforce and Employee Engagement - The company has a workforce of approximately 2,300 employees, with about 1,000 in the Games segment and 1,300 in the FinTech segment[81]. - The company has received numerous Top Workplace awards from 2020 to 2023, reflecting its commitment to employee engagement and satisfaction[86]. - The company offers a comprehensive benefits package, including medical, dental, wellness programs, and a 401(k) retirement plan with company matching[92]. - The company employs a blind resume screening process to promote diversity and inclusivity in its talent acquisition efforts[90]. - The company conducts an annual employee benefits survey to gather feedback and improve employee satisfaction[93]. - The company has a proactive approach to workplace health and safety, adhering to relevant laws and regulations[94]. Seasonal and International Considerations - Revenue and cash flows are subject to seasonal fluctuations, with generally higher operating income in the first half of the year[95]. - The company expects to rely on treaty-favored cross-border transfers of funds and cash generated from operations in foreign jurisdictions as it expands its business internationally[301]. - The company is subject to various gaming and financial services regulations in international markets, which may impact its expansion efforts[124]. Data Security and Standards - The company has been designated as a compliant service provider under the PCI Data Security Standard, requiring annual certification[121]. - The EMV standard is adopted for all POS, fully-integrated kiosk, and ATM devices, necessitating maintenance to support this standard[123]. - The company has no material losses related to self-insurance for cash losses in fund dispensing devices for the years ended December 31, 2024, 2023, and 2022[305].

Utilizing Everi's BeOn™ Mobile Services, the Gulfstream Racing App Includes Traditional Venue App Features and an Expanded Wagering Experience LAS VEGAS and HALLANDALE BEACH, Fla., Jan. 29, 2025 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions and bingo, in an agreement with 1/ST, North America's preeminent Thoroughbred horse racing and pari-mutuel wager ...