Fubotv earnings beat by $0.10, revenue topped estimates
EVRI Holdings, formerly known as Global Cash Access Holdings Inc (NYSE:EVRI), has reached a new 52-week high, with its stock price soaring to $13.83. This milestone reflects a significant uptrend for the company, which boasts impressive gross profit margins of 79.2% and an EBITDA of $293.6 million. According to InvestingPro analysis, the company appears undervalued at its current market capitalization of $1.19 billion. Investors have been closely monitoring EVRI’s performance, as the company’s shares have experienced a remarkable 1-year change, climbing by 65.04%. This impressive growth trajectory has placed EVRI in the spotlight, as market participants consider the underlying factors contributing to the stock’s robust gains and its potential for future growth. InvestingPro subscribers can access 10 additional key insights and a comprehensive Pro Research Report, providing deeper analysis of EVRI’s growth potential and financial health.
In other recent news, Everi Holdings Inc. has made significant announcements concerning its executive leadership and financial outlook. The company has reappointed Michael D. Rumbolz as Executive Chair of the Board, effective April 1, 2025. This decision is part of a strategic continuity plan as Everi navigates a major merger. Rumbolz’s compensation package includes a monthly cash payment of $12,500, a potential discretionary bonus of $50,000, and equity compensation valued at approximately $205,000, contingent on certain conditions. In parallel, Stifel analysts have maintained a Hold rating on Everi Holdings shares with a steady price target of $14.25. This follows an analysis of Everi’s fourth-quarter financials, which were recently disclosed. Stifel’s evaluation indicates minimal risk concerning the completion of Everi’s acquisition by Apollo, valued at $14.25 per share in cash, expected to close in the third quarter of 2025. Investors are considering these developments as they evaluate Everi’s stock performance and strategic direction.
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