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TM EVERI NEWS RELEASE Everi Reports 2021 First Quarter Results 5/5/2021 Record First Quarter Revenue of $ 139 Million , and All - Time Quarterly Record Net Income of $ 21 Million , Adjusted EBITDA of $ 75 Million , and Free Cash Flow of $ 44 Million LAS VEGAS , May 05 , 2021 ( GLOBE NEWSWIRE ) -- Everi Holdings Inc. ( NYSE : EVRI ) ( " Everi " or the " Company " ) , a premier provider of land - based and digital casino gaming content and products , financial technology , and loyalty solutions , today reported record financial results for the first quarter ended March 31 , 2021. The 2021 first quarter results are a quarterly sequential improvement from the 2020 fourth quarter , and reflect the ongoing but reduced impact from the COVID - 19 pandemic , as well as strong casino patron demand . First Quarter 2021 Financial Results Highlights Compared to the First Quarter 2019 As the first quarter 2020 financial results reflect the onset of the COVID - 19 pandemic , the Company believes a more meaningful comparison for the 2021 first quarter performance is the 2019 first quarter . The 2019 first quarter results were higher than the 2020 first quarter results . Financial results for the 2021 , 2020 , and 2019 first quarter periods are presented in the Consolidated and Games and Financial Technology Solutions highlight tables below . • Revenues rose to a first quarter record $ 139.1 million compared to $ 123.8 million in the 2019 first quarter . • Net income improved to a quarterly record $ 20.5 million , or $ 0.21 per diluted share , compared to $ 5.9 million , or $ 0.08 per diluted share , in the 2019 first quarter . • Adjusted EBITDA , a non - GAAP financial measure , increased to a quarterly record $ 75.4 million compared to $ 61.3 million in the 2019 first quarter . • Free Cash Flow , a non - GAAP financial measure , was $ 43.5 million compared to $ 21.2 million in the 2019 first