A leading fantasy sports and sports betting company has been honored with the "Challenger" award from Benzinga, in the first-ever Titans Sports Betting conference.
What's A Challenger?: The Challenger award is reserved for innovators and upstarts disrupting the industry of sports betting. A jury evaluated key criteria including innovation, execution, financial performance, and compliance.
The Decision: Gambling.com Group Ltd GAMB issued a record first-quarter earnings report in May, which exceeded its internal forecasts. Although the Dublin-based company issued 2 cents per share against the expected 7 cents per share, its quarterly sales came in at $26.69 million, a 36% increase from the year-ago quarter.
Gambling.com also raised its full-year 2023 guidance for revenue of $95 million to $99 million, and for Adjusted EBITDA of $33 million to $37 million.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.