Scientific Games Reports Fourth Quarter and Full Year 2019 Results
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Scientific Games (SGMS) Misses Q4 EPS, Revenues Miss
February 18, 2020 4:04 PM ESTScientific Games (NASDAQ: SGMS) reported Q4 EPS of ($0.46), which may not compare to the analyst estimate of $0.22. Revenue for the quarter came in at $863 million versus the consensus estimate of $895.28 million.
Fourth quarter 2019 Financial Highlights:
Fourth quarter revenue was $863 million compared to $886 million in the prior year period. This was largely driven by lower Gaming revenue primarily due to fewer systems launches in Canada compared to last year and lower machine unit sales.Net loss was $37 million compared to net income of $207 million in the prior year period. This... More