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0.0215827338129498 -0.0287769784172661 -0.0287769784172661 -0.0287769784172661 0.064748201438849 0.0215827338129498 0.0215827338129498 -0.0287769784172661
Stock impact report

Allied Gaming & Entertainment Announces Second Quarter 2024 Financial Results

Allied Gaming & Entertainment Inc. (AGAE) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) (the “Company” or “AGAE”), a global experiential entertainment company, today announced financial results for the second quarter ended June 30, 2024.“These are exciting times at Allied Gaming & Entertainment as our business is very well positioned with a number of growth catalysts in the near future,” stated Yinghua Chen, Chief Executive Officer of AGAE. “We are particularly bullish on our most recent announcement, the formation of the World Mahjong Tour, which will utilize the highly successful and sustainable business model of World Poker Tour to bring Mahjong to enthusiasts around the world. We look forward to our opening season, with the champion being crowned at our HyperX Arena in the spring of 2025.”Second Quarter 2024 Financial ResultsRevenues: Total revenues of $2.6 million were up 11% from $2.4 million in the prior quarter, but decreased 19% compared to $3.3 million in the second quarter of 202 Show less Read more
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