Motorsport Games Inc. (MSGM) surged 81.73% to $3.9799, up $1.7899, after delivering strong third-quarter 2025 results.
The company reported $3.1 million in revenue for the quarter, up 71.9 percent year-over-year, and achieved net income of $0.14 per share, reversing a loss of $0.18 per share in the same period last year.
Gross profit rose to $2.5 million, with gross margin improving to 80.7 percent compared to 60.2 percent in the prior year. Adjusted EBITDA reached $1.1 million, up from $0.05 million a year earlier.
The company highlighted strong engagement in its "Le Mans Ultimate" game following its 1.0 release and announced that a console version is in early production, targeting a late-2026 to early-2027 launch.
On the earnings day, MSGM experienced unusually high trading volume as investors reacted to the profitability turnaround and growth momentum. The stock's 52-week range is not provided in the report.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.