Everi Now Expects FY24 Adjusted EBITDA To Be Down From Last Year, Primarily Reflecting Ongoing Near-term Challenges That Are Impacting Games Segment
The Company's FinTech segment is expected to be relatively flat year-over-year in the second quarter and return to year-over-year growth in the second half of the year.
Everi expects Free Cash Flow to be down compared to 2023 with capital expenditures for the year flat to up slightly compared with 2023, cash interest flat with 2023, and cash taxes of $15 million to $20 million.