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Mar 31, 2024
GAN Q1 2024 Earnings Report
GAN reported strong B2B revenue growth and reduced operating expenses, offset by unfavorable B2C sports margin.
Key Takeaways
GAN Limited reported its Q1 2024 financial results, highlighting strong B2B revenue growth and reduced operating expenses. However, B2C revenues were impacted by a lower sports margin. The merger with SegaSammy remains on track and is expected to close in late 2024 or early 2025.
B2B revenue experienced strong growth of nearly 10%.
Overall operating expenses were reduced by 20% due to cost initiatives.
B2C revenues were impacted by a lower sports margin.
Merger with SegaSammy remains on track to close in late 2024 or early 2025.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
GAN expects the merger with SegaSammy to close in late 2024 or early 2025.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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