Inspired Entertainment, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 07:30 am EST
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Inspired Entertainment, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 74.9 million compared to USD 77.6 million a year ago. Net income was USD 10.2 million compared to USD 25 million a year ago. Basic earnings per share from continuing operations was USD 0.39 compared to USD 1.1 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to USD 0.3 a year ago.
For the nine months, revenue was USD 206.8 million compared to USD 141.9 million a year ago. Net income was USD 19.2 million compared to net loss of USD 35.5 million a year ago. Basic earnings per share from continuing operations was USD 0.72 compared to basic loss per share from continuing operations of USD 1.57 a year ago. Diluted earnings per share from continuing operations was USD 0.66 compared to diluted loss per share from continuing operations of USD 1.57 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. 
