Inspired Entertainment rises after Q4 profit beat

Inspired Entertainment

15/04/2024 15:28

** Shares of gaming technology firm Inspired Entertainment
 INSE.O  up 11.5% at $10.7 - hits highest since November last
year
    ** Co posts Q4 adj core profit of $26.5 mln, beating
estimates of $24.7 mln - LSEG data
    ** Firm's quarterly total revenue at $81.2 mln, above
estimates of $73.2 mln
    ** INSE reports adj profit of 17 cents/shr for the quarter
vs estimates of 13 cents/shr
    ** Including session's gains, stock has risen ~7.9% YTD

 (Reporting by Kabir Dweit)
 ((Kabir.Dweit@thomsonreuters.com;))