Bragg Gaming Group Q3 EPS $(0.14) Misses $(0.03) Estimate, Sales $24.00M Miss $33.61M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bragg Gaming Group (NASDAQ:BRAG) reported Q3 losses of $(0.14) per share, missing the analyst consensus estimate of $(0.03) by 366.67%. This is a 55.56% decrease from the same period last year. The company also reported quarterly sales of $24.00 million, missing the analyst consensus estimate of $33.61 million by 28.59%. However, this is a 13.91% increase from the same period last year.
November 09, 2023 | 12:08 pm
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Bragg Gaming Group's Q3 earnings missed estimates, with a larger loss per share and lower sales than expected. This could negatively impact the company's stock in the short term.
Bragg Gaming Group reported larger losses and lower sales than expected for Q3. This underperformance compared to estimates could lead to a decrease in the company's stock price in the short term as it indicates potential financial instability.
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