Everi Holdings Reports Q1 2025 Earnings and Strategic Plans

Everi Holdings Inc ( (EVRI) ) has released its Q1 earnings. Here is a breakdown of the information Everi Holdings Inc presented to its investors.

Everi Holdings Inc., a prominent player in the gaming and financial technology sectors, offers a diverse range of products and services designed to enhance gaming entertainment and operational efficiency for casino operators. The company operates through two main segments: Games and FinTech, providing gaming machines, systems, and financial technology solutions.

In its latest earnings report for the quarter ending March 31, 2025, Everi Holdings Inc. reported total revenues of $181.3 million, a slight decrease from $189.3 million in the same period last year. The company experienced a decline in gaming operations revenue, which was partially offset by growth in its FinTech segment, particularly in hardware sales.

Key financial highlights include a net income of $3.9 million, down from $4.6 million in the previous year, and a comprehensive income of $4.6 million, reflecting a positive foreign currency translation gain. The company’s operating income stood at $20 million, with a notable reduction in interest expenses compared to the prior year.

Looking ahead, Everi Holdings Inc. remains focused on its strategic initiatives, including the proposed merger with International Game Technology’s Gaming & Digital business. The company continues to invest in innovative gaming and FinTech solutions, positioning itself for future growth in the evolving gaming industry.