GAN (NASDAQ:GAN) Issues Quarterly Earnings Results

GAN (NASDAQ:GAN) released its earnings results on Monday. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.01), RTT News reports. The business had revenue of $31.69 million during the quarter, compared to analysts’ expectations of $41.11 million. During the same period in the previous year, the firm earned ($0.21) EPS.

GAN Price Performance

NASDAQ GAN opened at $1.80 on Tuesday. GAN has a fifty-two week low of $1.17 and a fifty-two week high of $1.90. The stock has a market capitalization of $82.03 million, a PE ratio of -6.00 and a beta of 1.96. The business has a fifty day moving average price of $1.81 and a two-hundred day moving average price of $1.81.

About GAN

GAN Limited operates as a business-to-business (B2B) supplier of enterprise software-as-a-service solutions to online casino gaming and sports betting applications in the United States, Europe, Latin America, and internationally. It operates through two segments: B2B and B2C. The company provides and licenses GameSTACK, an internet gaming platform that provides turnkey technology solution for regulated real-money internet gambling, online sports betting, and virtual simulated gaming.