Rush Street Interactive Announces First Quarter 2025 Results and Reiterates Full Year Guidance

Financial Performance - First quarter revenue reached $262 million, representing a 21$217.4 million in Q1 2024 [1][8] - Net income for the first quarter was $11.2 million, a significant turnaround from a net loss of$2.2 million in the same period last year [1][8] - Adjusted EBITDA for the first quarter was $33.2 million, up 95$17.1 million in Q1 2024 [1][8] Guidance - The company reiterated its full-year 2025 revenue guidance, expecting it to be between $1,010 million and$1,080 million, with a midpoint of $1,045 million indicating a 13$924 million in 2024 [4] - Adjusted EBITDA guidance for the full year 2025 is set between $115 million and$135 million, with a midpoint of $125 million, which is a 35$92.5 million in 2024 [5] User Engagement - Monthly Active Users (MAUs) in the United States and Canada were approximately 203,000, reflecting a 17% year-over-year increase [8] - MAUs in Latin America reached approximately 354,000, marking a 61% increase year-over-year [8] - Average Revenue per Monthly Active User (ARPMAU) in the United States and Canada was $368, up 3$36, down from $44 last year [8] Stock Buyback - The company repurchased$5.2 million of Class A common stock under its $50 million authorized buyback program [8]