NTN Buzztime (NTN) Reports In-Line Q4 EPS, Offers Outlook
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Financial Fact:
Loss before income taxes: -566K
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NTN Buzztime (NYSE: NTN) reported Q4 EPS of ($0.01), in-line with the analyst estimate of ($0.01). Revenue for the quarter came in at $6.5 million versus the consensus estimate of $6.6 million.
Outlook
"In 2016, we expect momentum to continue. We are dedicated to expanding menu and payment nationwide with a focus on BWW. We believe this will be crucial to our success in winning additional chains. We are focused on increasing the value of our product offering by improving tablet content and reducing the BEOND tablet platform cost to secure additional independent customers. Our growing network is attracting national brands with which we are entering sponsorships and running promotions. Overall, we are excited about our opportunities to drive revenue growth and greater financial improvements in 2016 and beyond," concluded Krishnan.
For earnings history and earnings-related data on NTN Buzztime (NTN) click here.
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