Rush Street Interactive Announces First Quarter 2021 Results and Raises Full Year 2021 Guidance

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Go back to Rush Street Interactive Announces First Quarter 2021 Results and Raises Full Year 2021 Guidance

Rush Street Interactive (RSI) PT Lowered to $20 at Needham & Company

May 14, 2021 7:10 AM EDT

Needham & Company analyst Bernie McTernan lowered the price target on Rush Street Interactive (NYSE: RSI) to $20.00 (from $22.00) while maintaining a Buy rating.

The analyst commented, "We reiterate our Buy rating on RSI but lower our target to $20 on a lower... More

Rush Street Interactive (RSI) Tops Q1 EPS by 2c, Revenues Beat; Raises FY21 Revenues Mid-Point Guidance Above Consensus

May 13, 2021 4:17 PM EDT

Rush Street Interactive (NYSE: RSI) reported Q1 EPS of ($0.08), $0.02 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $111.8 million versus the consensus estimate of $96.27 million.

First Quarter 2021 Financial Highlights

Revenue was $111.8 million during the first quarter of 2021, an increase of 218%, compared to $35.2 million during the first quarter of 2020.
Net loss was $76 thousand during the first quarter of 2021, compared to a net loss of $12.9 million during the first quarter of 2020.
Adjusted EBITDA1 was $(15.1) million during the first quarter of 2021, compared to an Adjusted EBITDA of $1.1 million during the first quarter of... More