Inspired Reports Fourth Quarter And Full Year 2019 Results

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Go back to Inspired Reports Fourth Quarter And Full Year 2019 Results

Inspired Entertainment (INSE) Misses Q4 EPS by 18c, Revs. Beat

March 11, 2020 8:07 AM EDT

Inspired Entertainment (NASDAQ: INSE) reported Q4 EPS of ($0.58), $0.18 worse than the analyst estimate of ($0.40). Revenue for the quarter came in at $66.4 million versus the consensus estimate of $52.13 million.

"We are very pleased with our fourth quarter results, which demonstrate the excellent progress we're making on our ongoing business strategy to (1) mitigate the effects of the Triennial Implementation through operational and cost-reduction efforts, (2) generate new business to offset the impact of the Triennial Implementation as we seek to return to pre-Triennial Adjusted EBITDA levels, (3) integrate and drive profitability in the newly Acquired Businesses through... More