Inspired Q1 revenue $66M, up 9%; adjusted EPS $0.13 vs $0.02 YoY

Inspired Entertainment, Inc.

2023-Q1 EPS reported -$0.01 revenue$66,000,000

Revenue of $66.0 million, up 9% reported, up 20% in functional currency YoY.
Net loss of $0.2 million ($0.01 diluted) but adjusted net income $3.6M ($0.13 diluted).
Adjusted EBITDA $21.1M, up 5% reported, up 15% in functional currency.
Gaming +26%, Virtual Sports +42%, Interactive +38% in functional currency YoY.
Signed NFL license for Virtual Sports and 5-year renewal with JD Wetherspoon.

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

Inspired Entertainment, Inc. reported the three-month period ended March 31, 2023 results: revenue $66.0 million, net income Net Loss of $0.2 million, EPS $(0.01) per diluted share.

Period: the three-month period ended March 31, 2023
Revenue: $66.0 million
Net income: Net Loss of $0.2 million
EPS: $(0.01) per diluted share
Result: reported results

Exact text from the filing

INSPIRED REPORTS FIRST QUARTER 2023 RESULTS ● Revenue of $66.0 million, up 9% on a reported basis and up 20% in functional currency vs. prior year quarter, driven by segment revenue increases of 26% in Gaming, 42% in Virtual Sports and 38% in Interactive, as measured in functional currency vs. prior year quarter ● Net Loss of $0.2 million, or $(0.01) per diluted share

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Inspired Entertainment, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-016049

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