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Scientific Games Reports First Quarter 2021 Results May 10 , 2021 Strong Execution Driving a Return to Growth Increase in Consolidated Revenue Driven by Double - Digit Growth at Lottery , SciPlay and Digital Continued Operational Progress In Strategic Initiatives Disciplined Cost and Balance Sheet Management , Generated $ 123 Million of Operating Cash Flow and $ 80 Million of Free Cash Flow LAS VEGAS , May 10 , 2021 / PRNewswire / -- Scientific Games Corporation ( NASDAQ : SGMS ) ( " Scientific Games , " " SGC " or the " Company " ) today reported results for the first quarter ended March 31 , 2021 . SC SCIENTIFIC GAMES Barry Cottle , President and Chief Executive Officer of Scientific Games , said , " I am xtremely pleased with our progress this quar Despite the continued challenges , our teams ' dedication and focus enabled us to build on our gains from last year . We delivered another strong quarter , enabling us to return to growth on both the top and bottom lines . Our new Gaming strategy and product roadmap continues to have success and our Lottery , SciPlay and Digital businesses delivered strong growth in the quarter . Our results demonstrate the strength of our content and franchises , engaging players on any platform they want to play . The executive team and our Board are continuing to work together and are making great progress as we look to optimize our portfolio , deleverage our balance sheet and capitalize on key areas of growth in order to unlock value for our shareholders . " Michael Eklund , Executive Vice President and Chief Financial Officer of Scientific Games , added , " The team has really stepped up to make meaningful progress on our key initiatives . We remain laser focused on delivering revenue and AEBITDA growth , and strengthening our balance sheet . Our continued focus on operational efficiency is enhancing our cash flows . We are executing at a high level and I could not be more excited about the path forward for Scientific Games . " SUMMARY CONSOLIDATED RESULTS ( $ in millions ) Revenue Net loss Net cash provided by operating activities Capital expenditures Non - GAAP Financial Measures ( 1 ) Consolidated Adjusted EBITDA ( " AEBITDA " ) Free cash flow Balance Sheet Measures Cash and cash equivalents Total debt Available liquidity ( 2 ) $ $ 2021 Three Months Ended March 31 , 729 ( 9 ) 123 50 270 80 As of March 31 , 2021 $ 967 9,166 1,320 $ $ 2020 725 ( 155 ) 120 53 200 55 As of December 31 , 2020 $ 1,016 9,303 1,269 ( 1 ) These non - GAAP financial measures are defined below and are reconciled to the most directly comparable GAAP financial measure in the accompanying supplemental tables at the end of this release . ( 2 ) Available liquidity is calculated as cash and cash equivalents plus remaining revolver capacity , including the SciPlay Revolver . First Quarter 2021 Financial Highlights : • First quarter consolidated revenue was $ 729 million compared to $ 725 million , up 1 % compared to the prior year period . Our Lottery , SciPlay and Digital businesses delivered double - digit revenue growth as we drove customer engagement with the breadth of our portfolio and proven content . Gaming revenue continued to be impacted by casino restrictions and closures , particularly in Europe . • Net loss was $ 9 million compared to $ 155 million in the prior year period primarily due to Gaming business segment receivable credit allowances , inventory and goodwill impairment charges which totaled $ 91 million in the prior year period . • Consolidated AEBITDA , a non - GAAP financial measure defined below , was $ 270 million compared to $ 200 million , up 35 % as compared to the prior year period , driven by double - digit AEBITDA growth across all segments .