GAN Limited (GAN) Misses Q1 EPS by 1c; Affirms FY Revenue

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Go back to GAN Limited (GAN) Misses Q1 EPS by 1c; Affirms FY Revenue

GAN Reports First Quarter 2022 Financial Results

May 16, 2022 4:01 PM EDT

Record Revenue of $37.5 million grew 38% year over year, improved Net Loss of $4.5 million and Adjusted EBITDA of $3 million driven by organic growth & cost rationalization efforts

Implementation of cost restructuring initiatives as 2022 focus remains on profitability

Company affirms full year revenue expectation of $155 million to $165 million and Adjusted EBITDA expectation of $15 million to $20 million

IRVINE, Calif.--(BUSINESS WIRE)-- GAN Limited (NASDAQ: GAN) (the Company or GAN), a leading North American B2B technology provider of real money internet gaming solutions... More