Amaya Reports First Quarter 2016 Results

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Amaya (AYA) Reports Q1 EPS of $0.43; Offers Update on Special Commission, Offers Q2 Outlook

May 16, 2016 4:35 PM EDT

Amaya (NASDAQ: AYA) reported Q1 EPS of $0.43, versus $0.34 reported last year. Revenue for the quarter came in at $288.67 million, versus $272.29 million reported last year.

Second Quarter 2016 Update

Revenues For the month of April 2016, Amaya estimates that unaudited consolidated revenues were approximately $96 million, representing an increase of approximately 11% over April 2015. Of such revenues, 77% was attributable to real-money online poker estimated revenues and 21% was attributable to real-money online casino and sportsbook combined estimated revenues. Amaya estimates that such online poker revenues remained relatively flat over April 2015 while PokerStars-only real-money online poker estimated... More