Gan Ltd reports results for the quarter ended in December - Earnings Summary

GAN

30/03/2023 22:02

* Gan Ltd  GAN.OQ  reported a quarterly adjusted loss of
$3.46​​
per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for a loss
of 12 cents per share.
    * Revenue rose 21.2% to $36.95 million from a year ago;
analysts
expected $36.88 million. 
    * Gan Ltd's reported EPS for the quarter was a loss of
$3.46​.
    * The mean earnings estimate of analysts had risen by
about 5.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Gan Ltd shares had fallen by 1.3% this quarter.
    * The company reported a quarterly loss of $147.71 million.
    * Wall Street's median 12-month price target for Gan Ltd is
$3.75 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 30 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.12          -3.46          Missed
 Sep. 30 2022      -0.17          -0.16          Beat
 Jun. 30 2022      -0.12          -0.91          Missed
 Mar. 31 2022      -0.10          -0.08          Beat