GAN Reports Third Quarter 2024 Financial Results
GAN Limited - Ordinary Shares (GAN)
Company Research
Source: Business Wire
Strong profitability improvement driven by B2B revenues and continued cost rationalizationPlanned Merger with SEGASAMMY now expected to close in early 2025 LAS VEGAS--(BUSINESS WIRE)--GAN Limited (NASDAQ: GAN) (the “Company” or “GAN”), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the third quarter ended September 30, 2024.Seamus McGill, GAN’s Chief Executive Officer, said, “I couldn’t be more pleased with the progress our team members have made to deliver revenue growth while concurrently lowering our cost structure. Our top-line growth of 24% compared to the prior year was driven by B2B revenue growth of more than 60% while operating costs fell by nearly 10%. We remain focused on delivering a leading product offering for our US B2B clients and our international B2C business.”Mr. McGill added, “In September, we recently
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Sec Filings
- 11/8/24 - Form 10-Q
- 11/8/24 - Form 8-K
- 11/6/24 - Form 4
- GAN's page on the SEC website