GAN Reports First Quarter 2020 Financial Results

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Go back to GAN Reports First Quarter 2020 Financial Results

GAN Limited (GAN) Misses Q1 EPS, Revenues; Reiterates FY Revenue Guidance

June 16, 2020 4:10 PM EDT

GAN Limited (NASDAQ: GAN) reported Q1 EPS of $0.01, $0.03 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $7.7 million versus the consensus estimate of $8.09 million.

Dermot Smurfit, CEO of GAN, stated:

2020 has been a landmark year for GAN, and our first quarter 2020 results were in line with expectations. During a time when the global pandemic was causing a great deal of tragedy and economic turmoil around the world, we were... More