Bragg Gaming Group Q4 EPS $(0.03) Misses $(0.01) Estimate, Sales $25.14M Miss $37.82M Estimate
Portfolio Pulse from Happy Mohamed
Bragg Gaming Group (NASDAQ:BRAG) reported Q4 earnings with a loss of $(0.03) per share, missing the $(0.01) estimate by 200%, and sales of $25.14M, missing the $37.82M estimate by 33.52%. This represents a 25% increase in losses and a 1.41% decrease in sales from the same period last year.
March 26, 2024 | 1:27 pm
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Bragg Gaming Group reported a larger than expected quarterly loss and a significant miss in sales estimates for Q4.
The significant miss in both earnings per share and sales estimates indicates underperformance compared to market expectations, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100