Streetbeat News

GAMB

Gambling.com Group Limited

https://www.gambling.com/corporate

Industry

Gambling, Resorts & Casinos

Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide. The company provides digital marketing services for the iGaming and sports betting. It publishes various branded websites, including Gambling.com and Bookies.com. Gambling.com Group Limited was incorporated in 2006 and is based in St. Helier, Jersey.

Open

11.96

Mkt cap

442M

Volume

399K

High

12.32

P/E Ratio

17.85

52-wk high

13.00

Low

11.69

Div yield

N/A

52-wk low

7.51

Gambling.com Group has updated its 2024 full-year revenue and Adjusted EBITDA guidance. The company now expects revenue of $123M-$127M and Adjusted EBITDA of $44M-$47M, reflecting year-over-year growth of 15% and 24%, respectively. This is an increase from the previous guidance of $118M-$122M for revenue and $40M-$44M for Adjusted EBITDA.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 11:11 am

Gambling.com Group shares are trading higher following better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 11:05 am

Gambling.com Group (NASDAQ:GAMB) reported Q2 2024 adjusted EPS of $0.20, beating the $0.12 estimate by 66.67%. Sales were $30.541M, surpassing the $26.909M estimate by 13.50%. Both EPS and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 11:04 am

The U.S. Supreme Court has denied the petition to hear the Florida sports betting case, allowing the gaming compact that permits online sports betting in Florida to stand. This decision is likely to impact shares of several sports betting companies.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 1:40 pm

B. Riley Securities has maintained its Buy rating on Gambling.com Group (NASDAQ:GAMB) but has lowered the price target from $14.5 to $13.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 4:56 pm

Craig-Hallum analyst Ryan Sigdahl maintains a Buy rating on Gambling.com Group (NASDAQ:GAMB) but lowers the price target from $15 to $12.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 4:36 pm

Stifel analyst Jeffrey Stantial maintains a Buy rating on Gambling.com Group (NASDAQ:GAMB) but lowers the price target from $16 to $13.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 12:33 pm

Fluent Inc. (NASDAQ:FLNT) shares fell 12.6% after reporting weaker-than-expected quarterly results, with an adjusted loss of 30 cents per share and sales of $65.983 million, missing estimates. Other notable stock movements include significant gains for Lucy Scientific Discovery Inc. (NASDAQ:LSDI) and Greenwave Technology Solutions, Inc. (NASDAQ:GWAV), and declines for Spire Global, Inc. (NYSE:SPIR) and a.k.a. Brands Holding Corp. (NYSE:AKA).

Portfolio Pulse from Avi Kapoor

May 16, 2024 | 5:06 pm

Gambling.com shares are trading lower after the company issued Q1 financial results and cut its FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 1:00 pm

Gambling.com Group has revised its FY24 revenue forecast downwards from $129M-$133M to $118M-$122M, citing changes in Google's treatment of commercial content on high authority websites. This adjustment impacts the effectiveness of the company's media partnerships.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 11:48 am

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