Inspired Reports Second Quarter 2019 Results

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Inspired Entertainment (INSE) Misses Q2 EPS by 23c, Revenues

August 12, 2019 9:04 AM EDT

Inspired Entertainment (NASDAQ: INSE) reported Q2 EPS of ($0.48), $0.23 worse than the analyst estimate of ($0.25). Revenue for the quarter came in at $26.7 million versus the consensus estimate of $30.34 million.

Acquisition of Novomatic UK's Gaming Technology Group ("NTG") Remains on Track to Close During the Third Quarter of 2019, Subject to Regulatory Approval, with Committed Financing Expected to Decrease Cost of Debt CapitalContract Extension with William Hill, Through 2022 $6.8 Million Net Cash Provided by Operating Activities Less Cash from Investing ActivitiesResults from April Implementation of £2 Stake Limit in the UK In Line with... More