Rivalry Reports Third Quarter 2024 Results; Rivalry Token Momentum Leading Company's Crypto-Native Future; Reveals Organizational Realignment, Major Product Revamp
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Rivalry has reported its Q3 2024 results, highlighting a significant organizational realignment and a major product revamp to focus on the crypto gambling market. The company has seen a 51% increase in average net revenue per user and captured $3 million in deferred revenue through its Rivalry Token.
November 29, 2024 | 12:15 pm
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Rivalry's Q3 2024 results show strong growth with a 51% increase in average net revenue per user and $3 million in deferred revenue from its Rivalry Token. The company has undergone a major product and organizational overhaul to focus on the crypto gambling market.
Rivalry's significant increase in average net revenue per user and the successful capture of $3 million in deferred revenue from its Rivalry Token indicate strong financial performance. The company's strategic focus on the crypto gambling market and its major product and organizational overhaul are likely to positively impact its stock price in the short term.
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