Gambling.com Group Limited Q1 Profit Increases, Beats Estimates

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

The company's earnings came in at $11.24 million, or $0.31 per share. This compares with $7.30 million, or $0.19 per share, last year.

Excluding items, Gambling.com Group Limited reported adjusted earnings of $16.49 million or $0.46 per share for the period.

Analysts on average had expected the company to earn $0.23 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 39.1% to $40.64 million from $29.22 million last year.

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

-Earnings: $11.24 Mln. vs. $7.30 Mln. last year.
-EPS: $0.31 vs. $0.19 last year.
-Revenue: $40.64 Mln vs. $29.22 Mln last year.

-Guidance:
Full year revenue guidance: $170 - $174 Mln

by RTTNews Staff Writer

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