Scientific Games (SGMS) reported earnings on Tue 7 May 19 (a/h)

• In 2021, SG sold its sports betting division to Endeavor Group Holdings (NYSE: EDR) for $1.2 billion, and sold its lottery division to Brookfield Business Partners (NYSE: BBU) for $6.1 billion.  As the divested lottery business took the Scientific Games name, the company announced in March 2022 that it would rebrand as Light & Wonder (LNW).

** charts after earnings **

 

Scientific Games misses by $0.21, reports revs in-line

• Reports Q1 (Mar) loss of $0.26 per share, $0.21 worse than the S&P Capital IQ Consensus of ($0.05); revenues rose 3.1% year/year to $837 mln vs the $832.28 mln S&P Capital IQ Consensus.
• On May 7, 2019, the Company completed the initial public offering of a 17.4% minority interest in its Social gaming business, SciPlay Corporation. SciPlay is trading on The NASDAQ Global Select Market under the ticker symbol "SCPL". Scientific Games received $301 million in proceeds from the offering, which enables us to make substantial payments to reduce debt. The Company believes the offering provides SciPlay greater flexibility to pursue additional growth initiatives.

Earnings this week : May 6 - 10, 19 (wk 19)

 

Monday (May 6)

• Premarket: AMG, BHC, CAMT, CEVA, DK, DSKE, KOS, NSSC, PETS, SPNS, SYY, TSN    

• After-Hours: AEIS, AIG, AIZ, ANDE, APU, AVID, AWR, BE, BHF, BKD, CBT, CDEV, CENT, COHU, CPE, DCO, DCP, EGOV, ENSG, EVBG, EVER, FBM, FMC, FN, FRAC, FRGI, FRPT, FRTA, GLPI, GLUU, HBM, HHC, HIIQ, HPR, HTZ, IAG, IFF, INVH, IPAR, ITRI, IVC, KLAC, KMT, KRC, KRG, LCI, LMNX, MASI, MOS, MTSC, MWA, NCMI, NGHC, NLS, OFIX, ORA, OTTR, OXY, PAHC, PLOW, PXD, QGEN, RARE, RBC, RCII, RE, RNG, RP, RTEC, SEDG, SHO, SKT, SNHY, STRL, SYKE, TACO, TCMD, TXMD, UGI, VECO, XENT

Tuesday (May 7)

• Premarket: ADNT, AES, AGN, AKRX, AMAG, ARMK, ARRY, ATH, ATKR, AVNS, BCC, BGCP, BLD, BR, BUD, CJ, CLVS, CNHI, CNK, CRL, CROX, CTLT, CWEN, DEA, DF, DNR, DPLO, DXPE, EGRX, EMR, ENR, EXPD, FI, GSKY, GTE, GTX, HAE, HSIC, ICL, IMOS, IPI, JEC, JELD, JLL, KEYW, KL, LCII, LGIH, LITE, LPX, MDCA, MFA, MLCO, MNK, MYL, NHI, NOVT, NWN, OCN, OMI, PINC, PNM, PRIM, REGN, RHP, SEAS, SERV, SND, SRE, TA, TDG, USAC, USFD, VAC, VCEL, VGR, VPG, WBT, WOW

• After hours: ACLS, ADT, APEI, ATO, ATSG, AVD, AVLR, BECN, BOLD, CERS, CGBD, CHUY, COLD, CRAY, CRZO, CSOD, CTRE, CWK, DDD, DIOD, DVA, EA, EDIT, ENTA, ESE, EVH, EVRI, FANG, FARM, FATE, FG, FLT, FTSI, GHDX, GTES, HALO, HCKT, HCLP, HUBS, ICHR, IMMR, INGN, INSP, IOSP, IRTC, JAZZ, JCOM, KAR, KGC, LADR, LC, LOPE, LTHM, LYFT, MMI, MODN, MTCH, MTSI, MYGN, NCR, NVTA, OAS, OHI, OPK, OSPN, PAA, PAGP, PBPB, PEGA, PEN, PLT, PLYA, POWL, PRI, PRMW, PUMP, PZZA, QRVO, QTWO, QUOT, RGR, RNR, RTRX, S, SEMG, SGMS, SUPN, SWX, TRIP, TWO, TWOU, VOYA, VREX, WING, WMC, WMGI, WTTR, WU, Y, ZAGG

Wednesday (May 8)

• Premarket: ACM, ANDX, ATHM, ATRO, BCOR, BG, BV, CBB, CBRE, CEIX, CFX, CHK, CHSP, CORE, COTY, FOLD, FTDR, FUN, GCP, GOLD, GOLF, GTN, GTT, HMC, HZNP, ICPT, LXP, MCHP, MCK, MIDD, MPC, MPLX, MRNA, MSG, MYE, NCS, NXST, NYT, ODP, PFGC, PLUG, PTLA, RDUS, SBGI, SGRY, SPB, STWD, SUM, TAST, TGI, TRI, VER, VG, WAAS, WEN, YRCW
• After hours: AAOI, AGS, AIMT, AKCA, ALB, ANGI, APLE, APYX, ARNA, ASRT, AXGN, BIO, BREW, CCMP, CECO, CNDT, COLL, CPA, CTL, CVNA, CW, CWH, CXW, DAR, DIS, DRH, DVAX, ECPG, EGAN, ELF, ENV, ETSY, EVRG, EZPW, FLNT, FNV, FOSL, FOXA, FTK, GBDC, GDOT, GKOS, GPRE, HLI, IAC, IMMU, INFN, INSG, IVR, KIDS, KINS, KRO, KTOS, LASR, LHCG, MATX, MBI, MRAM, MTRX, NKTR, NNI, NUAN, NVEE, OSUR, PAAS, PETQ, PK, PRGO, PRSC, PSDO, PSEC, QDEL, RDFN, RLJ, ROKU, RUN, RWT, RXN, RYAM, SAIL, SCOR, SGMO, SIEN, SJI, SLF, SMI, SRPT, STMP, SUN, SVMK, SWAV, SWCH, TCX, TLND, TPC, TPIC, TRHC, TTGT, TVTY, TWNK, UPWK, VERI, WIFI, WPM, WTRH, XEC, ZGNX

Thursday (May 9)

• Premarket: ACIW, AEE, AMC, AMRX, ANIP, BAM, BDX, BPMC, BPMP, CAH, CHH, CNNE, CNP, CNQ, COMM, CPG, CRCM, CVIA, DESP, DSX, DUK, EBIX, ECOM, ELAN, ENDP, EPAM, EPC, EYE, FOCS, GOGO, GTS, HAIN, HIMX, HL, HMHC, HSC, INAP, INXN, IONS, KDP, LAUR, LNG, MBUU, MCFT, MGA, MMS, NCLH, NMRK, NOMD, NS, OMER, OSTK, OXFD, PBH, PQG, PRTY, RCM, RDNT, REZI, RGEN, SNH, SQNS, SUP, SYNH, TEN, TGNA, TLRA, TPR, TTD, TTI, TU, TW, UNVR, USCR, VNTR, VRTV, VSH, VSTO, WRLD, WWW

• After hours: AAXN, AGO, AIRG, AL, ALRM, ALTR, AMBC, AMBR, AQ, AQN, ASYS, BKNG, CABO, CARG, CDLX, CISN, CTRL, CUTR, DBX, DHT, EFX, ELY, EQH, FLY, FSCT, GH, GPRO, GSBD, ICUI, JAG, MAIN, MAXR, MESA, MTD, MTW, NDLS, NNBR, NTR, NTRA, NVRO, NWSA, PBYI, PRAA, QNST, QRTEA, RBA, ROAD, SCSC, SENS, SNCR, SONO, SPPI, SPWR, SSRM, SSTI, SWIR, SYMC, SYNA, TGH, TIVO, TROX, TRUE, TRXC, UEPS, UNIT, VFF, VSLR, WPRT, XLRN, XON, YELP, ZAYO, ZG, ZVO

Friday (May 10)

• Premarket: AQUA, BPL, CLNY, ENB, ERF, HPT, JD, MAR, PEGI, PTE, SSP, TRCO, VIAB
• After hours: CBPO

Notable earnings reports: Tyson Foods (NYSE:TSN), Hertz Global (NYSE:HTZ) and Bausch Health (NYSE:BHC) on May 6; Electronic Arts (NASDAQ:EA), Lyft (NASDAQ:LYFT), Anheuser-Busch InBev (NYSE:BUD) and Wynn Resorts (NASDAQ:WYNN) on May 7; Disney (DIS), Roku (NASDAQ:ROKU), Etsy (NASDAQ:ETSY), Fox (NASDAQ:FOXA) and Madison Square Garden (NYSE:MSG) on May 8; GoPro (NASDAQ:GPRO), Booking Holdings (NASDAQ:BKNG), Keurig Dr Pepper (NYSE:KDP) and Trade Desk (NASDAQ:TTD) on May 9; Viacom (NASDAQ:VIAB), JD.com (NASDAQ:JD) and Linde (NYSE:LIN) on May 10.

Scientific Games (SGMS) reported earnings on Mon 24 July 2017 (b/o)

** charts after earnings **

 

• 2nd day after earnings:

Scientific Games misses by $0.01, beats on revs:

• Reports Q2 (Jun) loss of $0.44 per share, $0.01 worse than the Capital IQ Consensus of ($0.43); revenues rose 5.1% year/year to $766.3 mln vs the $732.93 mln Capital IQ Consensus.
  • Gaming operations revenue declined $7.6 million, or 4 percent, largely reflecting a year-over-year decrease in the installed base of WAP, premium, and daily-fee participation gaming machines. On a quarterly sequential basis, gaming operations revenue grew $6.1 million, or 4 percent, including the benefit from a 1,191-unit increase in the installed base of other leased and participation gaming machines due to the placement of additional VLTs at New York gaming facilities and the ongoing roll-out of VLTs in Greece.
  • Gaming machine sales revenue increased $8.9 million, or 6 percent, year over year, despite no new casino openings, primarily reflecting a 24-percent increase in shipments of U.S. and Canadian replacement gaming machines. The average sales price increased to $17,550 from $16,859 in the prior year, reflecting a favorable mix of units. U.S. and Canadian shipments totaled 4,367 gaming machines, including 3,773 replacement units and 594 VGTs for the Illinois market. In the prior-year period, U.S. and Canadian shipments totaled 4,678 units, which comprised 3,037 replacement units, 431 VLTs to Oregon, 470 units for new casino openings and expansions, and 740 VGTs for the Illinois market. International shipments increased 421 units, or 14 percent, to 3,411 units, including 54 units for new casino openings, up from a total of 2,990 units in the prior year, which had included 125 units for new casino openings.
  • Gaming systems revenue increased 13 percent to $67.1 million, primarily reflecting an increase in software and hardware sales, including shipment of innovative new iVIEW4 player-interface display units, and the installation of new systems at the ilani tribal casino, the Baha Mar Resort and the Aliante Casino Hotel.
  • Table products revenue increased 15 percent to $48.4 million, principally reflecting growth in leased shufflers, proprietary table games, and progressives, including a benefit from the acquisition of DEQ Systems Corp. completed on January 18, 2017.
• "Second quarter results represent our seventh quarter of consecutive year-over-year growth, including $169 million of cash flow from operating activities, as a result of ongoing improvements in our gaming, lottery and interactive operations," said Kevin Sheehan, Chief Executive Officer of Scientific Games. "We achieved year-over-year revenue growth in global gaming machine sales, gaming systems, table products and interactive; as well as in U.S. instant games revenue. In addition, as a result of our improving organizational structure, we increased our AEBITDA margin by 270 basis points.

CNBC Reco: SGMS

• 6/21/17:   CNBC Najarian says he bot calls

• A month later: poped up on earnings and the following day

Long trade : Scientific Games (SGMS) (Jan '17)

Long trade : Scientific Games (SGMS) (June '16)