Allied Esports Entertainment (AESE) Misses Q1 EPS

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Allied Esports Entertainment Announces First Quarter 2020 Financial Results

May 11, 2020 4:05 PM EDT

Successful strategic pivot to online events in response to the ongoing COVID-19 pandemic

IRVINE, Calif.--(BUSINESS WIRE)-- Allied Esports Entertainment, Inc. (NASDAQ: AESE) (the Company), a global esports entertainment company, today announced its financial results for the first quarter ended March 31, 2020, as well as an update on several key business initiatives.

Commenting on the Companys first quarter results, the Companys CEO, Frank Ng, said, In the latter part of the quarter, it became clear that shelter-in-place orders would be issued in... More