secwatch.observer — SEC 8-K summary
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Issuer:     Rush Street Interactive, Inc. (RSI)
CIK:        0001793659
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001793659-23-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1793659/000179365923000040/0001793659-23-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1793659/000179365923000040/rsi-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001793659-23-000040

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