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Inspired Entertainment: Q2 Earnings Insights

Shares of Inspired Entertainment (NASDAQ:INSE) rose 15.6% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 225.00% year over year to ($0.78), which missed the estimate of ($0.64).

Benzinga · 05/18/2020 11:33

Shares of Inspired Entertainment (NASDAQ:INSE) rose 15.6% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 225.00% year over year to ($0.78), which missed the estimate of ($0.64).

Revenue of $52,300,000 up by 55.33% from the same period last year, which missed the estimate of $53,890,000.

Guidance

Inspired Entertainment hasn't issued any earnings guidance for the time being.

Inspired Entertainment hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: May 18, 2020

Time: 10:00 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1975/34675

Technicals

52-week high: $9.70

Company's 52-week low was at $1.87

Price action over last quarter: down 48.31%

Company Description

Inspired Entertainment Inc is a gaming technology company based in the United States. Its core business involves the development of Virtual Sports and Server-Based Gaming systems with associated terminals and digital content to regulated betting, gaming and lottery operators around the world. It operates through two segments, which are Server Based Gaming and Virtual Sports. The Company provides digital gaming solutions on its network that accommodates various devices, including land-based gaming machine products, mobile devices, such as smartphones and tablets, as well as a personal computer (PC) and social applications.