GameSquare Reveals Growth In Enterprise Contract Wins And Solid Pipeline Following Engine Gaming Acquisition And Joint SaaS Offering
Portfolio Pulse from Benzinga Newsdesk
GameSquare has reported over $275,000 in new contract annual recurring revenue (ARR) wins for Q3, following its acquisition of Engine Gaming and joint SaaS offering. The gross margin from these contracts is significantly above the company's average.
October 16, 2023 | 11:38 am
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GameSquare's acquisition of Engine Gaming and joint SaaS offering has resulted in significant new contract ARR for Q3, with a gross margin above the company's average.
The news of GameSquare's significant increase in new contract ARR for Q3, following its strategic acquisition and joint SaaS offering, is likely to be viewed positively by investors. This could potentially lead to an increase in the company's stock price in the short term.
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