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Scientific Games Corp (SGMS) Q1 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
Scientific Games Corp (NASDAQ: SGMS)
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Good morning. Welcome to the Scientific Games 2021 First Quarter Investor Conference Call. [Operator Instructions]
I would now like to turn the conference over to Jim Bombassei, Senior Vice President of Investor Relations for Scientific Games. Mr. Bombassei, you may begin.SPONSORED:
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Operator
Good afternoon. Welcome to Scientific Games Fourth Quarter 2020 Results Conference Call. [Operator Instructions] I would now like to turn the conference over to Jim Bombassei, the Vice President of Investor Relations. Go ahead.
Jim Bombassei
Senior Vice President, Investor Relations
Thank you, operator, and good afternoon, everyone. During today s call, we will discuss our fourth quarter and full year 2020 results and operating performance, followed by a question-and-answer period. With me this afternoon are Barry Cottle and Mike Eklund.
Our call today will contain statements that include forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those discussed during the call. For information regarding these risks and uncertainties, please refer to our earnings release issued earlier this afternoon, the materials related to this ca
Scientific Games Reports Fourth Quarter and Full Year 2020 Results
Sequential improvement in consolidated results, record full year revenue at SciPlay, Lottery and Digital
Strong execution across diverse portfolio, continued to make operational progress against strategy
Disciplined cost and balance sheet management
Generated $159 million of operating cash flow and $72 million of free cash flow
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LAS VEGAS, March 1, 2021 /PRNewswire/ Scientific Games Corporation (NASDAQ: SGMS) ( Scientific Games , SGC or the Company ) today reported results for the fourth quarter and full year ended December 31, 2020.
Barry Cottle,
CEO and President of Scientific Games, said, While 2020 certainly had unforeseen challenges, I couldn t be more proud of our team for successfully navigating through them. The strong execution coupled with the diversity of our business enabled positive cash flow. As we start off the year, I am truly exc
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