GAN Ltd reports results for the quarter ended December 31 - Earnings Summary

• GAN Ltd GAN.OQ reported a quarterly adjusted loss of 9 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -21 cents. The lone analyst forecast for the quarter was for breakeven results per share.

• Revenue rose 3.2% to $31.69 million from a year ago; analysts expected $41.11 million.

• GAN Ltd shares had fallen by 2.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 105.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for GAN Ltd is $1.97

This summary was machine generated from LSEG data March 14 at 09:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)