secwatch.observer — SEC 8-K summary
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Issuer:     Inspired Entertainment, Inc. (INSE)
CIK:        0001615063
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001493152-24-030660
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inspired Q2 revenue flat at $75.6M; net income drops 64% to $2.0M; Interactive AEBITDA up 69%
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- Revenue ex low-margin hardware $75.6M (+1% YoY); total revenue $75.6M (-5% YoY due to no low-margin sales).
- Net income $2.0M vs $5.6M YoY; diluted EPS loss $0.07 vs $0.20 YoY.
- Adjusted EBITDA $25.5M (-6% YoY); Interactive segment AEBITDA record $6.1M (+69% YoY).
- Signed 6-year William Hill deal for 5,000 Vantage terminals; Mecca Bingo 5-year $12.7M contract for 170 machines.
- Virtual Sports revenue $11.7M (-23% YoY); company expects H2 Virtual Sports revenue to exceed H1 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1615063/000149315224030660/0001493152-24-030660-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1615063/000149315224030660/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-030660

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