Inspired Entertainment (INSE) Misses Q4 EPS by 13c
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INSPIRED REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS
March 13, 2023 7:30 AM EDTFourth Quarter Revenue of $78.6 million represented a 17% increase over prior-year period, with growth of 42% in Gaming, 36% in Virtual Sports and 9% in Interactive. Functional currency growth rates of 34%, 61%, 56% and 24%, respectively. Fourth Quarter Net Income of $3.1 million, or $0.12 per basic share and $0.11 per diluted share, compared to Net Loss of $1.2 million, or $0.05 per basic and diluted share in prior-year period.Fourth Quarter Adjusted EBITDA1 of $25.6 million (a 17% increase over prior-year period); Adjusted EBITDA contribution2Â from the aggregate digital business (Virtual Sports and Interactive) increased to 53% from 46% in prior-year... More
