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Everi Holdings reports 4Q loss

LAS VEGAS (AP) _ Everi Holdings Inc. (EVRI) on Tuesday reported a loss of $217.3 million in its fourth quarter.

The Las Vegas-based company said it had a loss of $3.29 per share. Losses, adjusted for asset impairment costs, came to $1.08 per share.

The cash access products company posted revenue of $217.5 million in the period.

For the year, the company reported that its loss widened to $249.5 million, or $3.78 per share. Revenue was reported as $859.5 million.

In the final minutes of trading on Tuesday, the company's shares hit $3.24. A year ago, they were trading at $3.18.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVRI at https://www.zacks.com/ap/EVRI


Keywords: Everi Holdings, Earnings Report