The Stars Group Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company reported revenues of $652,852,000 against $360,250,000 for the same period a year ago. Operating income was $67,090,000 against $112,266,000 for the same period a year ago. Net loss was $38,173,000 against earnings of $47,175,000 for the same period a year ago. Diluted loss per common share was $0.14 against EPS of $0.23 for the same period a year ago.

For the year, the company reported revenues of $2,029,238,000 against $1,312,315,000 for the same period a year ago. Operating income was $252,922,000 against $447,394,000 for the same period a year ago. Net loss was $108,906,000 against earnings of $259,285,000 for the same period a year ago. Basic loss per common share was $0.49 against EPS of $1.77 for the same period a year ago.

The company provided earnings guidance for the year 2019. For the year, the company expects revenues of between $2,640 million and $2,765 million. This represents growth of 7% to 12% on a constant currency pro forma basis, reflecting solid organic growth and ongoing market share gains across its key markets, which more than offset the regulatory and FX headwinds the company is facing. Operating income in the range of $450,000 to $500,000.

For the quarter, the company reported impairment of intangibles assets of $1,280,000 against $1,630,000 a year ago.