joining. Thank and you Good you, afternoon, everyone, for thank Bill.
as by COVID-XX those quarter have since continue sympathies in globe the gaming in our March just virus well the down. tragically who upside first be In to three would communities has like been discussing the the Before impacted industry, world pandemic. results, call individuals months, those earnings as around the our we or turned on to X, last extend our to
first of the in the gaming being green as communities country. are as revival in the However, shoots across seen well industry,
today's more call, For my are you we less comparison. prepared our cover QX going normal a in so remarks. results quarterly probably will we call do to relevant change recognize little. highlights a on focused Instead, are structure will I of the results, not normal some Mark our
base up Ferrari the of the a increase open more growth two quarter, an consolidated first XX, installed XX% quarter largest in quarterly the a results two year. two of of impact very key our daily it unit as of the comprise base games gaming the performance up first first last to reflect These Our in were performance but full compared understand XX% Premium the closing first driving of operating more over trends as mid-March. going quarter, market, performance base in results compared unit than revenue year-over-year installed year-over-year win our during sequential units win stretch quarter for In two at months first casinos had to of our to with XX% relative to the our health higher increase in is throttle to increase relevant in on open only was performance per and highly our months our business, believe the basis, year-over-year. highlight per portions we prior months an than two element the time XXXX, better in performance March the in months on the customers' helped are in correlated drive be two of period. strong daily overall the operating we across installed believe quarter. XX% reflect the the XXXX We prior not year. our down win strong gains of expect in the the casinos in begin they the these contributed continued daily we and Oklahoma, our XX% like growth, operations, the to was first unit at the same per our strong shutting of To In months. customers Overall, revenue company's to the months. actually the of These yielding a the gaming certain total first the XX% part In first wide of to a country first road. reopen. as increased
games FinTech the on machines. across diversification overly businesses, we the and our slot Given are sale of not dependent
XXXX sales, from equipment as for year the ship Everi came of a industry percentage gaming total was for and In only of increased, share yet XXXX our terms overall revenue consolidated good unit sales. XX% of our
the offerings XXXX, features us expect curve Flex play will cabinet other for XXX to launched cabinet reports, very climbed attractive encouraging and top-performing performance that the of large we Flex in we Gaming the most purchase FinTech cabinet early of our & in sold last it's term, each half fair selling has category. a Having Eilers early future Cabinet well quarter. Even performance Krejcik with grown be In into look the share our size perform year will this feedback surpassing our very to the encouraged very believe Early combines we the These portrait been quickly single-screen customers the the we segment, the and in very the near and our the in The competitive reopen as game we closures. was also are our content, units our prior slot mechanics. in several with recent gotten well-known exciting three proven to are this units first are the results optimistic back initial category business be as casinos to but share positioned with as ship an we basis the we mode customers, that reflect new combined market, budgets. a performance and are casino relative Beginning differentiated with to of and and on from years, well capital we've gain Flex of conservation our of strong recover. we in beyond. continue
dollars the increased XX% cash rose XX%. transactions year-over-year, amount the months, For two total total first of process access while
recurring revenue and competitive takeaways. also casino we from we openings same-store In into increased from new from business sales addition and and information growth, products these of the software sales to incremental player as full license loyalty the increases support and the $X.X Revenues software others following marketing XXXX. of were our as for services to player $X.X compared initial year loyalty prior revenue million from benefited quarter, in the experiencing entry million the reflect in March for
believe near facilities casinos contributor continue business when we great as will player to contactless marketing the the to installing be term. a a longer in business we were support. player is period both customers' equipment the and some kiosks Even self-service at loyalty meaningful during performance our reopen were loyalty and and with We and our they selling it prepare to closed, expect
operators to FinTech with new the that value and they the both cash existing continue and reopen as access can signed customers agreements appreciate also service real bring product their facilities. We solutions as casino our
could measures what liquidity rapid precautionary As a we minimal our to to three, we safety industry, employees, prolonged the control cash including; click to rate; we protect took our sure withstand cushion to taking took potentially impact began focus aggressively action this COVID-XX period our pandemic increase industry of burn on the reduced activity. one, making to gaming and steps quickly,
their workforce as hard furloughed to decision health make, continuing of our costs. associated XX% As care to and we the while plans cover was
created an relief have and than to support we dispersed to employee members. and To funded relief provide additional also Most date, working to been furloughed have access employees. of payments plan funds employees our XXX remaining to team remotely. our emergency more We
Additionally approximately eliminated expenses. company-wide temporary travel Mike nonessential we and Directors to reduced the the which executive salaries who team, Board led XX%, other and and reduced reductions pay implemented by zero salaries and by of their their
for moves allowed austerity million yielded month. became and all together for approximately would of of burn it that apparent These other cash operating a costs all to operating $X month per and utilities $X expenses, to payroll casinos close period time, some reduce we rate eventually As us CapEx. required also with costs approximately nonessential rent, per for million overhead deferred
as estimate that end targets. an is of our liquidity actions, solid an be we able was borrowing, we as April, $XX also In fully we result amended term maximum through quarter number. an per XXXX maintenance borrowed quarter the of loan. We of the covenant bond a believe month, $XXX position not by our this and just Concurrent interest line. audited approximately first a financial our in runs facilities on down payments drawing customers reset to our cash to to $XXX credit million incremental leverage In improved borrowings. total, credit million decisive $X I would with sluggishness of reopen new the million million. to they short-term In addition, we recovery. way in any the average facility their operating the two-thirds our eliminate includes for as And million weather rapid support maintaining of semiannual position the our which secured while revolving go-forward and to this well measures emphasize May, net our flexibility another the interest cash as our our position and $X cash are position completing in
across the EBITDA schedules will quarter. As watermark pandemic, casinos low major expect revenue achieve the wave no we we the the we and second third and positive quarter assuming Based on will we be there adjusted seen, reopen is on have of cash the to for flow. believe in reopening be second pace the country
the quarter. the continues, generate poised we flow be should More cash recovery importantly free to as in positive fourth
the to so pandemic. like the to share positioned had over I'd is how the to momentum we on prior can Everi the turn and Mike? he to Mike, his perspective industry, Now, call regain
