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Scientific Games Corp. (SGMS), a digital games provider, reported Monday that its second-quarter net income attributable to SGC was $109 million, compared to loss of $203 million in the prior year, primarily due to strong revenues in the Gaming business segment.


RTTNews | Aug 9, 2021 07:25AM EDT

07:25 Monday, August 9, 2021 (RTTNews.com) - Scientific Games Corp. (SGMS), a digital games provider, reported Monday that its second-quarter net income attributable to SGC was $109 million, compared to loss of $203 million in the prior year, primarily due to strong revenues in the Gaming business segment.

Earnings per share were $1.10, compared to loss of $2.15 a year ago.

Consolidated AEBITDA was $383 million, up 217 percent from $121 million in the prior year period, driven by double-digit AEBITDA growth in Gaming, Lottery and Digital.

Second-quarter consolidated revenue was $880 million, up 63 percent from $539 million last year.

On average, analysts polled by Thomson Reuters expected loss of $0.09 per share on revenues of $765.23 million. Analysts' estimates typically exclude special items.

Read the original article on RTTNews ( https://www.rttnews.com/3217276/scientific-games-turns-to-profit-in-q2-on-strong-revenue-growth.aspx)

For comments and feedback: contact editorial@rttnews.com

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