Esports Entertainment Group (NASDAQ:GMBL) Posts Quarterly Earnings Results

Esports Entertainment Group (NASDAQ:GMBL) issued its quarterly earnings results on Wednesday. The company reported ($3.43) earnings per share for the quarter, reports. The firm had revenue of $1.72 million for the quarter.

Esports Entertainment Group Stock Down 1.5 %

Shares of GMBL stock traded down $0.01 on Friday, reaching $0.65. The company had a trading volume of 5,608 shares, compared to its average volume of 185,903. The business’s 50-day moving average is $0.76 and its 200 day moving average is $3.88. Esports Entertainment Group has a one year low of $0.51 and a one year high of $869.36.

Esports Entertainment Group Company Profile

Esports Entertainment Group, Inc operates as an iGaming and entertainment company in the United States and internationally. It operates through two segments, EEG iGaming and EEG Games. The EEG iGaming segment operates iDefix, a casino platform. The EEG Games segment operates ggCircuit, a local area network center management software and services for managing mission critical functions, such as game licensing and payments; and creates esports content for distribution to the betting industry.