earnings
confidence high
sentiment neutral
materiality 0.70
Rush Street Interactive Reports Q1 2022 Revenue of $134.9M, Up 21% YoY, and Raises Full Year 2022 Guidance to $600-$650M
Rush Street Interactive, Inc.
2022-Q1 EPS reported
-$0.24
revenue$134,938,000
- Q1 2022 revenue was $134.9 million, up 21% from $111.8 million in Q1 2021.
- Net loss widened to $52.3 million from $0.1 million in Q1 2021; Adjusted EBITDA loss was $43.4 million.
- U.S. real-money monthly active users grew 32% YoY to over 150,000; ARPMAU was $265.
- Unrestricted cash and cash equivalents were $232.2 million with no debt outstanding as of March 31, 2022.
- Full-year 2022 revenue guidance raised to between $600 million and $650 million from prior guidance of $580-$630 million.