secwatch.observer — SEC 8-K summary
======================================

Issuer:     Inspired Entertainment, Inc. (INSE)
CIK:        0001615063
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0001493152-24-044102
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inspired Q3 revenue $78M (core up 4%), net income $3.4M; appoints James Richardson as CFO effective Jan 1
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1615063/000149315224044102/0001493152-24-044102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1615063/000149315224044102/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-044102

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer