Flutter Entertainment (FLUT, FLTR.L) posted a third quarter net loss attributable to shareholders of $103 million compared to a loss of $275 million, last year. Loss per share was $0.58 compared to a loss of $1.55. Adjusted EBITDA rose 74% to $450 million. Adjusted profit per share was $0.43 compared to a loss of $0.10. Third quarter revenue was $3.25 billion, up 27% from a year ago.
The Group announced a small raise in fiscal 2024 Group revenue and adjusted EBITDA guidance. The improvement implies Group revenue up 22% year-over-year and adjusted EBITDA up 35% at the midpoints.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.