Gambling.com Group Limited Q3 Profit Increases, Beats Estimates

Gambling.com Group Limited (GAMB) revealed earnings for its third quarter that increased from the same period last year and beat the Street estimates.

The company's earnings totaled $8.51 million, or $0.24 per share. This compares with $5.01 million, or $0.13 per share, in last year's third quarter.

Excluding items, Gambling.com Group Limited reported adjusted earnings of $8.91 million or $0.25 per share for the period.

Analysts on average had expected the company to earn $0.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 36.9% to $32.12 million from $23.46 million last year.

Gambling.com Group Limited earnings at a glance (GAAP) :

-Earnings (Q3): $8.51 Mln. vs. $5.01 Mln. last year.
-EPS (Q3): $0.24 vs. $0.13 last year.
-Revenue (Q3): $32.12 Mln vs. $23.46 Mln last year.

by RTTNews Staff Writer

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