Rush Street Interactive reports Q4 adjusted EPS 1c, consensus (3c)

Reports Q4 revenue $193.85M, consensus $178.83M. Monthly active users in the United States and Canada were approximately 160,000, up 7% year over year. MAUs in Latin America were approximately 204,000, up 33% year-over-year. Average revenue per monthly active user in the United States and Canada was $345 during the fourth quarter of 2023, up 5% year-over-year. ARPMAU in Latin America was $42, up 28% year-over-year. Richard Schwartz, CEO of RSI, said, “We concluded 2023 with a fourth quarter that produced records in both revenues and adjusted EBITDA. For the year, we grew revenue to $691 million on strong customer engagement and retention. At the same time, we improved our Adjusted EBITDA by $100 million compared to the prior year. These results and the ensuing momentum have carried into strong guidance for the new year, reflecting our longstanding customer-centric principles and obsession with developing innovative and differentiated user experiences.”