Inspired Entertainment, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 07:53 am EDT
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Inspired Entertainment, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 41.5 million compared to USD 15.6 million a year ago. Operating loss was USD 9.7 million compared to USD 13.9 million a year ago. Net loss was USD 43.8 million compared to USD 26.2 million a year ago. Basic loss per share from continuing operations was USD 1.94 compared to USD 1.17 a year ago. For the half year, total revenue was USD 64.3 million compared to USD 67.9 million a year ago. Operating loss was USD 21.9 million compared to USD 21.1 million a year ago. Net loss was USD 60.5 million compared to USD 36 million a year ago. Basic loss per share from continuing operations was USD 2.68 compared to USD 1.61 a year ago.
Inspired Entertainment, Inc. is a global gaming technology company. The Company is engaged in supplying content, platform and other products and services to online and land-based regulated lottery, betting and gaming operators worldwide. Its segments include Gaming, Virtual Sports, Interactive and Leisure. Its Gaming segment supplies gaming terminals as well as gaming software and games for the terminals provided to betting offices, casinos, gaming halls and high street adult gaming centers. Its Virtual Sports segment designs, develops, markets and distributes ultra-high-definition games in betting shops, other locations and online. Its Interactive segment uses offerings from its Gaming and Virtual Sports segments to create games that are hosted on remote gaming servers. Leisure segment is a supplier of gaming terminals and amusement machines to the leisure and hospitality sectors and an operator of pay to play gaming terminals and amusement machines in the United Kingdom.
INSPIRED ENTERTAINMENT, INC. 
