GAN Q2 Sales $33.80M Miss $34.79M Estimate
Portfolio Pulse from Benzinga Newsdesk
GAN (NASDAQ:GAN) reported Q2 sales of $33.80 million, missing the analyst consensus estimate of $34.79 million by 2.85 percent. This represents a 3.34 percent decrease compared to the same period last year.
August 09, 2023 | 9:27 pm
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NEGATIVE IMPACT
GAN's Q2 sales missed the analyst consensus estimate by 2.85 percent and decreased by 3.34 percent compared to the same period last year.
GAN's lower than expected Q2 sales and YoY decrease could negatively impact investor sentiment and potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100