Allied Esports Entertainment (AESE) Reports Q3 Loss of $0.24/Share

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Allied Esports Entertainment Announces Third Quarter 2019 Financial Results

November 12, 2019 4:01 PM EST

Third Quarter 2019 Revenue of $6.0 Million, Up 10% Year-Over-Year

IRVINE, Calif.--(BUSINESS WIRE)-- Allied Esports Entertainment, Inc. (NASDAQ: AESE) (Allied Esports or the Company), a global esports entertainment company, today announced its financial results for the third quarter ended September 30, 2019 as well as an update on several key business initiatives. As previously announced, the Company was formed on August 9, 2019 as a result of the completion of a business combination among Black Ridge Acquisition Corp., Allied Esports International, Inc., WPT Enterprises, Inc. and other affiliates.

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