Reports Q4 revenue $81.2M, consensus $73.22M. “We closed out 2023 with solid results, in-line with our expectations,” said Lorne Weil, Executive Chairman of Inspired. “Our fourth quarter performance capped off a strong year, fueled by our successful strategic focus on scaling our higher-margin digital verticals alongside steady growth in our land-based operations.” Weil added, “Our digital business fourth quarter results continue to be led by the Interactive segment, where revenue and Adjusted EBITDA increased approximately 41% and 39% year-over-year on a constant currency basis, respectively, as we continue to increase our footprint through new customer launches and benefit from the growth of our existing customer base.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INSE:
- Options Volatility and Implied Earnings Moves Today, April 15, 2024
- ‘It Doesn’t Take a Genius to See the Value,’ Says B. Riley About These 3 ‘Strong Buy’ Gaming Stocks
- Inspired to Report Fourth Quarter and Fiscal Year 2023 Results and Hold Conference Call on April 15
- Inspired Entertainment receives non-compliance notification from Nasdaq
- Inspired Entertainment resumed with a Buy at B. Riley