Allied Gaming & Entertainment Inc. (AGAE) Reports Q3 EPS of $0.00

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Go back to Allied Gaming & Entertainment Inc. (AGAE) Reports Q3 EPS of $0.00

Allied Gaming & Entertainment Announces Third Quarter 2023 Financial Results

November 9, 2023 4:05 PM EST

NEW YORK--(BUSINESS WIRE)-- Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the Company or AGAE), a global experiential entertainment company, today announced financial results for the third quarter ended September 30, 2023.

We continue to make strides towards our strategic goals, achieving positive net income driven by a significant reduction in general and administrative expenses. Our commitment to growing within the esports, gaming, and entertainment sectors remains unwavering," stated Yinghua Chen, Chief Executive Officer of the Company. "We are also excited to announce the closing of our strategic investment in Beijing Lianzhong Zhihe Technology Co. (Zhihe),... More