Super Group Reports Financial Results for Third Quarter of 2024
Super Group (SGHC) Limited (SGHC)
Company Research
Source: Business Wire
Revenue of €402.9 million for the third quarter of 2024, representing the highest revenue recorded in a third quarterProfit for the three months ended September 30, 2024 of €8.5 millionNon-GAAP Adjusted EBITDA ex-US of €95.4 million for the three months ended September 30, 2024, a record for a third quarter, was offset by non-GAAP Adjusted EBITDA, US loss of €11.5 million, resulting in total non-GAAP Adjusted EBITDA of €83.9 millionUnrestricted cash of €296.6 million at September 30, 2024 NEW YORK--(BUSINESS WIRE)--Super Group (SGHC) Limited (NYSE: SGHC) (“SGHC” or “Super Group”), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced third quarter 2024 unaudited consolidated financial results.Neal Menashe, Chief Executive Officer of Super Group, commented: “We achieved our strongest third quarter ever, highlighting the phenomenal progress we are making as a business. There is still tremendous pote
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SGHC
News
- Earnings Miss: Super Group (SGHC) Limited Missed EPS By 67% And Analysts Are Revising Their Forecasts [Yahoo! Finance]Yahoo! Finance
- Super Group (SGHC) Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Super Group Limited (NYSE: SGHC) had its price target raised by analysts at Benchmark Co. from $5.00 to $6.00. They now have a "buy" rating on the stock.MarketBeat
- Super Group Limited (NYSE: SGHC) had its price target raised by analysts at Needham & Company LLC from $6.00 to $7.00. They now have a "buy" rating on the stock.MarketBeat
- Super Group Limited (NYSE: SGHC) was upgraded by analysts at Oppenheimer Holdings Inc. from a "market perform" rating to an "outperform" rating. They now have a $6.00 price target on the stock.MarketBeat
SGHC
Earnings
- 11/6/24 - Miss
SGHC
Sec Filings
- 11/6/24 - Form 6-K
- 9/10/24 - Form 6-K
- SGHC's page on the SEC website