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Betting software group Scientific Games has published their fourth quarter 2019 financials, revealing that the company improved their financial position buy cutting the net loss result during the period.
Key financial indicators for the period ending December 31st, 2019 were:
Commenting on the financials SG CFO Michael Quartieri said, "We reduced our net debt by over $460 million in 2019, while successfully completing two refinancing transactions that will significantly reduce our cash interest costs going forward and extended our maturities. Our overarching commitment remains delevering through organic growth, new market opportunities, and driving further enhancements to our free cash flow."