---
schema_version: "secwatch.filing_event.v1"
accession: "0001318568-24-000077"
form_type: "8-K"
ticker: null
cik: "0001318568"
company_name: "Everi Holdings Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T08:56:15.182965+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Everi Q1 revenue down 5.6% to $189.3M; net income falls to $4.6M; guidance reduced

## Summary
- Q1 revenue $189.3M vs $200.5M YoY; net income $4.6M ($0.05 diluted EPS) vs $28.1M ($0.30).
- Adjusted EBITDA $80.3M vs $92.5M YoY; $15.7M in merger-related costs hit earnings.
- Games installed base fell to 16,917 units; daily win per unit $34.51 vs $38.37 a year ago.
- FY2024 Adjusted EBITDA expected to decline from 2023; FinTech flat in Q2, H2 growth anticipated.
- Proposed merger with IGT Global Gaming & PlayDigital expected to close late 2024 or early 2025.

## SEC filing metadata
- accession: 0001318568-24-000077
- form_type: 8-K
- cik: 0001318568
- company_name: Everi Holdings Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1318568/000131856824000077/0001318568-24-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1318568/000131856824000077/evri-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001318568-24-000077
- JSON: https://secwatch.observer/filing/0001318568-24-000077.json
- Plain text: https://secwatch.observer/filing/0001318568-24-000077.txt

## Key facts
- Earnings Releases
  Everi Holdings Inc. reported the three months ended March 31, 2024 results: revenue $189.3 million, net income $4.6 million, EPS $0.05.
  - Period: the three months ended March 31, 2024
  - Revenue: $189.3 million
  - Net income: $4.6 million
  - EPS: $0.05
  - Result: reported results
  source text: half of 2024 and position the Company for long-term success." 1 First Quarter 2024 Financial Results Consolidated revenues for the three-month period ended March 31, 2024 were $189.3 million compared to $200.5 million in the year-ago first quarter. Games revenues of $97.1 million were down from the prior year period, and essentially flat on a quarterly sequential
  evidence_url: https://www.sec.gov/Archives/edgar/data/1318568/000131856824000077/0001318568-24-000077-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.