Rush Street Interactive Q2 revenue $122.8M (+89% YoY); raises FY2021 guidance to $465-495M

Rush Street Interactive, Inc.

2021-Q2 EPS reported -$0.24 revenue$234,620,000

Revenue $122.8M, up 89% YoY; net loss improved to $14.0M from $50.6M loss in Q2 2020.
Adjusted EBITDA loss $6.6M vs positive $3.7M a year ago; real-money MAUs up 128% YoY, ARPMAU $377.
Unrestricted cash $361M as of June 30, 2021.
Raised full year 2021 revenue guidance to $465-495M (from prior range not disclosed).
Announced exclusive Connecticut Lottery partnership for mobile/retail sports betting; market access in LA, MS, NM.

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