trending Market Intelligence /marketintelligence/en/news-insights/trending/oDo14c9ZfCnTvWJa5Pnc7g2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Scientific Games Q2 loss widens YOY

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Scientific Games Q2 loss widens YOY

Scientific Games Corp. said its second-quarter normalized net income amounted to a loss of 87 cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 94 cents per share.

The per-share loss grew year over year from 27 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $75.1 million, compared with a loss of $23.1 million in the year-earlier period.

The normalized profit margin fell to negative 10.9% from negative 5.5% in the year-earlier period.

Total revenue grew 65.9% on an annual basis to $691.5 million from $416.9 million, and total operating expenses rose 57.7% year over year to $644.2 million from $408.4 million.

Reported net income totaled a loss of $102.2 million, or a loss of $1.19 per share, compared to a loss of $72.6 million, or a loss of 86 cents per share, in the year-earlier period.