Inspired Entertainment, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
February 27, 2024 at 04:15 pm EST
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Inspired Entertainment, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 97.5 million compared to USD 74.2 million a year ago. Net income was USD 3.4 million compared to USD 9.2 million a year ago. Basic earnings per share from continuing operations was USD 0.12 compared to USD 0.33 a year ago. Diluted earnings per share from continuing operations was USD 0.12 compared to USD 0.32 a year ago.
For the nine months, revenue was USD 241.8 million compared to USD 205 million a year ago. Net income was USD 7.6 million compared to USD 17.1 million a year ago. Basic earnings per share from continuing operations was USD 0.27 compared to USD 0.61 a year ago. Diluted earnings per share from continuing operations was USD 0.26 compared to USD 0.58 a year ago.
Inspired Entertainment, Inc. is a business-to-business (B2B) provider of gaming content, technology, hardware, and services. The Company offers a portfolio of content, technology, hardware and services for regulated gaming, betting, lottery, social and leisure operators across retail and mobile channels around the world. Its Gaming segment supplies gaming terminals as well as gaming software and games for the terminals provided to betting offices, casinos, gaming halls and high street adult gaming centers. Its Virtual Sports segment designs, develops, markets, and distributes games that create an always-on sports wagering experience in betting shops and other locations and online. Its Interactive segment uses interactive-only content as well as offerings from its Gaming and Virtual Sports segments to create games that are hosted on remote gaming servers. The Companyâs Leisure segment supplies gaming terminals and amusement machines to the leisure and hospitality sectors.
INSPIRED ENTERTAINMENT, INC. 
