Everi Holdings reports 4Q loss

Associated Press |

LAS VEGAS (AP) _ Everi Holdings Inc. (EVRI) on Tuesday reported a loss of $25 million in its fourth quarter.

On a per-share basis, the Las Vegas-based company said it had a loss of 37 cents. Losses, adjusted for one-time gains and costs, came to 17 cents per share.

The cash access products company posted revenue of $247.9 million in the period.

For the year, the company reported that its loss narrowed to $51.9 million, or 78 cents per share. Revenue was reported as $974.9 million.

Everi Holdings shares have risen almost 1 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $7.59, more than doubling in the last 12 months.

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

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