Gambling.com Gr Q4 2023 Adj EPS $0.18 Misses $0.19 Estimate, Sales $32.530M Beat $27.688M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gambling.com Gr (NASDAQ:GAMB) reported Q4 2023 adjusted EPS of $0.18, missing the $0.19 estimate, but sales of $32.530M exceeded the $27.688M estimate, marking a 52.37% increase from the previous year.
March 21, 2024 | 11:01 am
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NEUTRAL IMPACT
Gambling.com Gr reported a mixed Q4 2023 with an EPS miss but a significant sales beat, showing strong revenue growth.
The EPS miss might concern some investors, potentially putting downward pressure on the stock. However, the significant sales beat and strong year-over-year revenue growth could offset concerns and signal underlying strength in the business. The mixed results make the short-term stock price direction uncertain, hence a neutral score.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100