Everi Holdings: 3Q Earnings Snapshot
LAS VEGAS (AP) _ Everi Holdings Inc. (EVRI) on Tuesday reported third-quarter earnings of $9.3 million.
The Las Vegas-based company said it had profit of 12 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The cash access products company posted revenue of $134.6 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $129.4 million.
Everi Holdings shares have more than doubled since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $10.39, an increase of 40% in the last 12 months.