Inspired Reports Positive Second Quarter 2020 Results
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Inspired Entertainment (INSE) Misses Q2 EPS by 18c, Revenues Beat
August 13, 2020 8:02 AM EDTInspired Entertainment (NASDAQ: INSE) reported Q2 EPS of ($1.09), $0.18 worse than the analyst estimate of ($0.91). Revenue for the quarter came in at $15.6 million versus the consensus estimate of $14.53 million.
Second Quarter Online Revenue1 More than Doubled Year Over Year on a Pro Forma Basis2 and Strength Continues with July Online Revenues Increasing 82% Year Over YearSecond Quarter Revenue of $15.6 Million and Adjusted EBITDA3 of $2.1 Million Despite Customer Closures Related to COVID-19, Due to Extensive Cost Containment and Strong Demand for Online OfferingsApproximately 90% of Server Based Gaming Machines Were Available for Play... More