Bragg Gaming Expects 2024 Revenue of $109.7M-$117.2M Vs $107.3M Est
Portfolio Pulse from Benzinga Newsdesk
Bragg Gaming has updated its 2024 full year revenue and Adjusted EBITDA guidance, expecting revenue to increase by 9.1% to 16.6% to USD 109.7-117.2 million and Adjusted EBITDA to rise up to 21.7% to USD 16.3-19.9 million. These projections represent a midpoint growth of 12.8% for revenue and 10.9% for Adjusted EBITDA over 2023 figures.
March 26, 2024 | 11:11 am
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Bragg Gaming anticipates a significant revenue and Adjusted EBITDA growth for 2024, with revenue expected to increase by 9.1% to 16.6% to USD 109.7-117.2 million and Adjusted EBITDA to rise up to 21.7% to USD 16.3-19.9 million.
The positive guidance update from Bragg Gaming for 2024, indicating significant revenue and Adjusted EBITDA growth, is likely to be viewed favorably by investors. This optimistic outlook could lead to increased investor confidence and potentially drive the stock price up in the short term.
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