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Inspired(INSE) - 2024 Q2 - Quarterly Report
2024-08-08 20:37
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period _______________ Commission File Number: 001-36689 INSPIRED ENTERTAINMENT, INC. (Exact name of registrant as specified in its charter) | --- | --- | |-------------------------- ...
Compared to Estimates, Inspired Entertainment (INSE) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-08 14:35
Inspired Entertainment (INSE) reported $75.6 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 6%. EPS of $0.07 for the same period compares to $0.14 a year ago. The reported revenue represents a surprise of +1.75% over the Zacks Consensus Estimate of $74.3 million. With the consensus EPS estimate being $0.11, the EPS surprise was -36.36%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...
Inspired Entertainment (INSE) Lags Q2 Earnings Estimates
ZACKS· 2024-08-08 13:00
Inspired Entertainment (INSE) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -36.36%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced a loss of $0.02, delivering a surprise of -166.67%. Over the last four quarters, th ...
Inspired(INSE) - 2024 Q2 - Quarterly Results
2024-08-08 10:58
Exhibit 99.1 INSPIRED REPORTS SECOND QUARTER 2024 RESULTS ● Second Quarter Revenue of $75.6 million, driven primarily by Interactive results, up 40% year-over-year ● Second Quarter Net Income of $2.0 million ● Second Quarter Adjusted EBITDA of $25.5 million, driven primarily by Interactive results, up 69% year-over-year ● Signed new six-year contract with William Hill, pursuant to which we will supply 5,000 new Vantage® terminals within their UK LBO estate ● Announced agreement with AGLC to purchase 150 new ...
Inspired Announces Major Contract with Mecca Bingo for Installation of 170 New Machines Across UK Estate
GlobeNewswire News Room· 2024-08-07 20:15
NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (NASDAQ: INSE), a leading provider of B2B gaming content, technology, hardware, and services, is pleased to announce a new strategic partnership with Mecca Bingo, one of the UK's premier bingo operators. As part of this significant contract, Inspired will supply an additional 170 state-of-the-art gaming machines to Mecca Bingo's extensive estate, complementing those already in operation. The comprehensive five-year agreement is worth a ...
Ahead of Inspired Entertainment (INSE) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2024-08-07 14:20
Wall Street analysts expect Inspired Entertainment (INSE) to post quarterly earnings of $0.11 per share in its upcoming report, which indicates a year-over-year decline of 21.4%. Revenues are expected to be $74.3 million, down 7.6% from the year-ago quarter. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Before a company ...
Inspired Entertainment and bet365 Expand Partnership to Deliver Premium iGaming Content in Pennsylvania
Newsfilter· 2024-07-29 12:30
NEW YORK, July 29, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (NASDAQ: INSE), a leading provider of B2B gaming content, technology, hardware, and services, is pleased to announce the expansion of its partnership with bet365, a premier online gambling operator and longtime partner. "We're thrilled to be expanding our partnership with bet365," said Brooks Pierce, President and CEO at Inspired. "Our goal is to deliver high-quality content that meets the evolving needs of players in North America. be ...
Inspired Entertainment and bet365 Expand Partnership to Deliver Premium iGaming Content in Pennsylvania
GlobeNewswire News Room· 2024-07-29 12:30
"We're thrilled to be expanding our partnership with bet365," said Brooks Pierce, President and CEO at Inspired. "Our goal is to deliver high-quality content that meets the evolving needs of players in North America. bet365 knows what its customers want and we're confident that we can drive growth and provide an exceptional gaming experience for bet365's Pennsylvania customers." Inspired offers an expanding portfolio of content, technology, hardware and services for regulated gaming, betting, lottery, socia ...
Inspired to Report Second Quarter 2024 Results and Hold Conference Call on August 8
Newsfilter· 2024-07-26 12:30
Conference Call Information Webcast: A live audio-only webcast of the call can be accessed through the "Events & Presentations" page of the Company's website at www.inseinc.com under the Investors link. Please follow the registration prompts. About Inspired Entertainment, Inc. Contact: For Investors IR@inseinc.com +1 646 277-1285 NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, a ...
Inspired to Report Second Quarter 2024 Results and Hold Conference Call on August 8
GlobeNewswire News Room· 2024-07-26 12:30
Replay: A replay of the webcast will be available on the Company's website at www.inseinc.com. NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, announced that it will report financial results for the second quarter ended June 30, 2024 on Thursday, August 8, 2024, before the market opens. Inspired management will host a conference call and simultaneous webcast at 8:00 a.m. ET / 1: ...