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Jun 30, 2024
GAN Q2 2024 Earnings Report
GAN's financial performance improved in Q2 2024 due to growth in B2B revenues and continued cost rationalization.
Key Takeaways
GAN Limited reported improved financial results for the second quarter of 2024, driven by growth in B2B revenues and continued cost rationalization. The company is progressing with its planned merger with SEGASAMMY, expected to close in late 2024 or early 2025.
Top-line revenue growth achieved in Q2 2024.
Operating expenses reduced during the quarter.
Focus remains on optimizing cost structure and rolling out product enhancements.
Merger with SEGASAMMY is expected to close in late 2024 or early 2025.
GAN
GAN
Forward Guidance
GAN anticipates a successful closing of the merger with SEGASAMMY in late 2024 or early 2025 and will continue to optimize cost structure and roll-out product enhancements.