Scientific Games pulls a surprising $762M Q2 revenue

Nasdaq-listed gaming technology provider Scientific Games Corporation posted a $766.3 million revenue in the second quarter, beating analysts’ expectations.

In a regulatory filing on Monday, the US-based firm announced that its revenue during April to June 30, 2017 rose 5.1 percent from $729.2 million on the back of a robust gaming and interactive segments.

Earnings before interest, taxation, depreciation and amortization (EBITDA) of Scientific Games in the second quarter jumped 13 percent year-on-year, to US$314.8 million, with EBITDA margin improving to 41.1 percent from 38.4 percent in the prior-year period.

This was the seventh quarter of consecutive year-over-year growth, according to Scientific Games Chief Executive Officer Kevin Sheehan. Deutsche Bank Securities said in its Monday’s note that the second quarter earnings of Scientific Games was above the market consensus of $736.2 million.