Ballys

Q2 FY2026 EarningsQ2 FY26 results were mixed relative to consensus, with revenue of $792.2M slightly exceeding the $789.7M estimate (+0.32%), while GAAP EBIT turned into a loss of $34.0M, missing the expected $34.0M profit. The bottom line saw a significant miss, with GAAP EPS of -$2.41 vs. -$1.13 expected, primarily due to higher interest expenses ($119.0M) and non-operating losses. Despite a top-line beat driven by the Intralot integration, substantial doubt about the company's ability to continue as a going concern was disclosed due to pending debt covenant compliance and liquidity constraints.