GAN Limited (GAN) Reports Q4 Loss Per Share of $3.46, Announces Strategic Review

GAN Limited (NASDAQ: GAN) reported Q4 EPS of ($3.46), $3.33 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $36.9 million versus the consensus estimate of $36.24 million.

Strategic Review

The Company announced today that it has initiated a strategic review process to assess a range of strategic alternatives to maximize shareholder value. The intention is to complete the strategic review process in a timely fashion. However, there can be no assurance that the review process will result in pursuing or completing any transaction, and no timetable has been set for completion of this process. The Company will provide updates, as appropriate.

In connection with the strategic review process, the Company has engaged B. Riley Securities as its financial advisor to assist with the evaluation process.

For earnings history and earnings-related data on GAN Limited (GAN) click here.

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