Reports Q3 revenue $37.1M vs. $34.67M last year. Seamus McGill, Gan‘s CEO, said, “I couldn’t be more pleased with the progress our team members have made to deliver revenue growth while concurrently lowering our cost structure. Our top-line growth of 24% compared to the prior year was driven by B2B revenue growth of more than 60% while operating costs fell by nearly 10%. We remain focused on delivering a leading product offering for our US B2B clients and our international B2C business.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on GAN:
- Bet On It: Missouri voters say yes to legalized sports betting
- Bet On It: Breaking down third quarter earnings
- Nevada reports September statewide gaming win up 3.34% to $1.31B
- Bet On It: DOJ supports lawsuit alleging price fixing at Las Vegas hotels
- Bet On It: Diamond Sports and FanDuel reach naming rights agreement
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
