Allied Gaming Q2 revenue up 182% to $3.3M; net loss narrows to $0.7M

Allied Gaming & Entertainment Inc.

2023-Q2 EPS reported -$0.07 revenue$4,461,527

Revenue $3.3M, up 182% YoY; net loss $0.7M vs $3.7M loss in Q2 2022.
Adjusted EBITDA loss improved to $1.1M from $2.7M loss a year ago.
Cash & short-term investments $82.2M; working capital $74.7M at June 30.
Repurchased 372,436 shares at avg $1.08 for ~$404K in Q2.
Season 2 of ELEVATED reached 12.7M views; extended HyperX Arena naming rights with HP.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Allied Gaming & Entertainment Inc. reported the second quarter ended June 30, 2023 results: revenue $3.3 million, net income $0.7 million.

Period: the second quarter ended June 30, 2023
Revenue: $3.3 million
Net income: $0.7 million
Result: reported results

Exact text from the filing

experiential entertainment company, today announced financial results for the second quarter ended June 30, 2023. “We are thrilled to announce our second quarter revenues of $3.3 million, which are up 182% year-over-year, and driven by the continued success of our original content sponsorship and our new arena and mobile truck sponsorship. Importantly, we

View on SEC.gov

168 earnings releases filed in the last 30 days. Browse all earnings releases →

Allied Gaming & Entertainment Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-065626

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.