Rush Street Interactive Q1 revenue $162.4M (+20% YoY); net loss narrows to $24.5M

Rush Street Interactive, Inc.

2023-Q1 EPS reported -$0.11 revenue$162,361,000

Revenue $162.4M, +20% YoY from $134.9M; net loss improved to $24.5M from $52.3M loss.
Adjusted EBITDA loss narrowed to $8.7M from $43.4M; adjusted ad/promo expense down to $49.4M.
ARPMAU in US/Canada $325 (+23% YoY); Latin America and new NA markets grew >100% YoY.
Full-year 2023 revenue guidance unchanged at $630M-$700M; management reaffirms H2 profitability goal.
Unrestricted cash $147M as of March 31, 2023.

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 0.95

Rush Street Interactive, Inc. reported first quarter ended March 31, 2023 results: revenue $162.4 million, net income Net loss was $24.5 million. Guidance reaffirmed.

Period: first quarter ended March 31, 2023
Revenue: $162.4 million
Net income: Net loss was $24.5 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- RUSH STREET INTERACTIVE ANNOUNCES FIRST QUARTER 2023 RESULTS - First Quarter Revenue of $162.4 Million, up 20% Year-over-Year - CHICAGO – May 3, 2023 – Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and

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Source: SEC EDGAR

accession 0001793659-23-000040

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