earnings
confidence high
sentiment positive
materiality 0.75
Inspired Q3 revenue $78M (core up 4%), net income $3.4M; appoints James Richardson as CFO effective Jan 1
Inspired Entertainment, Inc.
2024-Q3 EPS reported
-$0.01
revenue$216,700,000
- Revenue (excl. low margin hardware) $78.0M, up 4% YoY; net income $3.4M flat; Adj. EBITDA $30.1M, up 13%.
- Interactive revenue up 40% to $10.2M; segment EBITDA margin 67.6%, driven by UK, North America, Europe.
- Virtual Sports revenue down 16% to $11.2M due to key customer headwinds; margin still 79%.
- Appointed James Richardson as CFO effective Jan 1, 2025; also signed NHL licensing deal and FanDuel partnership.