Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/11/2024 | $10.00 | Buy | Craig Hallum |
| 2/22/2022 | $10.00 | Outperform | Noble Capital Markets |
| 1/4/2022 | $10.00 | Buy | Stifel |
144 - Codere Online Luxembourg, S.A. (0001866782) (Subject)
6-K - Codere Online Luxembourg, S.A. (0001866782) (Filer)
6-K - Codere Online Luxembourg, S.A. (0001866782) (Filer)
Total revenue was €51.7 mm in Q2 2024, while net gaming revenue1 was €54.4 mm in the period, 39% above Q1 2023.Mexico revenue was €25.3 mm in Q2 2024, while net gaming revenue was €28.2 mm in the period, 57% above Q2 2023.Spain revenue (and net gaming revenue) reached €21.8 mm in Q2 2024, 25% above Q2 2023.Net income excluding the non-cash variation in fair value of public warrants2 was €5.5 mm in H1 2024 versus a net loss of €0.7 mm in H1 2023.Total cash position of €40.5 mm as of June 30, 2024.Increasing full year 2024 net gaming revenue outlook to €205 - 215 mm and Adj. EBITDA3 outlook to positive €2.5 - 7.5 mm. Madrid, Spain and Tel Aviv, Israel, July 31, 2024 – (GLOBE NEWSWIRE) Coder
Madrid, Spain and Tel Aviv, Israel, July 16, 2024 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (NASDAQ:CDRO) (the "Company" or "Codere Online") a leading online gaming operator in Spain and Latin America, today announced that it will release its second quarter 2024 results prior to 8:30AM US Eastern Time on July 31, 2024. At 8:30AM US Eastern Time on the same day, Codere Online's management will host a conference call to discuss the results and provide a business update. The Company's earnings press release and related materials will be available on Codere Online's website at www.codereonline.com. Dial-in details for the conference call as well as the audio webcast registration link
Total revenue was €50.4 mm in Q1 2024, while net gaming revenue1 was €53.0 mm in the period, 34% above Q1 2023.Mexico revenue was €23.8 mm in Q1 2024, while net gaming revenue was €26.6 mm in the period, 51% above Q1 2023.Spain revenue (and net gaming revenue) reached €22.3 mm in Q1 2024, 21% above Q1 2023.Net income was €3.4 mm in Q1 2024 versus a net loss of €1.3 mm in Q1 2023.Total cash position of €38.5 mm as of March 31, 2024.Increasing full year 2024 net gaming revenue outlook to €195-210 mm and reiterating plan to be Adj. EBITDA and cash flow positive for the full year in 2024. Madrid, Spain and Tel Aviv, Israel, May 15, 2024 – (GLOBE NEWSWIRE) Codere Online (NASDAQ:CDRO, the "Comp
Total revenue was €51.7 mm in Q2 2024, while net gaming revenue1 was €54.4 mm in the period, 39% above Q1 2023.Mexico revenue was €25.3 mm in Q2 2024, while net gaming revenue was €28.2 mm in the period, 57% above Q2 2023.Spain revenue (and net gaming revenue) reached €21.8 mm in Q2 2024, 25% above Q2 2023.Net income excluding the non-cash variation in fair value of public warrants2 was €5.5 mm in H1 2024 versus a net loss of €0.7 mm in H1 2023.Total cash position of €40.5 mm as of June 30, 2024.Increasing full year 2024 net gaming revenue outlook to €205 - 215 mm and Adj. EBITDA3 outlook to positive €2.5 - 7.5 mm. Madrid, Spain and Tel Aviv, Israel, July 31, 2024 – (GLOBE NEWSWIRE) Coder
Madrid, Spain and Tel Aviv, Israel, July 16, 2024 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (NASDAQ:CDRO) (the "Company" or "Codere Online") a leading online gaming operator in Spain and Latin America, today announced that it will release its second quarter 2024 results prior to 8:30AM US Eastern Time on July 31, 2024. At 8:30AM US Eastern Time on the same day, Codere Online's management will host a conference call to discuss the results and provide a business update. The Company's earnings press release and related materials will be available on Codere Online's website at www.codereonline.com. Dial-in details for the conference call as well as the audio webcast registration link
Luxembourg, Grand Duchy of Luxembourg, June 25, 2024 – (GLOBE NEWSWIRE) Codere Online (NASDAQ:CDRO, the "Company"))), a leading online gaming operator in Spain and Latin America, today announced the favorable resolution of all 21 agenda items at the Annual General Meeting (AGM) held yesterday at the registered office of the Company, including the appointment of three new members to its Board of Directors. Mr. Gabriel Saenz de Buruaga, Mr. Taavi Davies and Mr. Claude Noesen have been appointed as directors for an initial term of one year, replacing Mr. Patrick Ramsey, Ms. Michal Elimelech, and Mr. Laurent Teitgen. Mr. Gonzaga Higuero, CEO of Codere Group, was re-appointed as director and
Craig-Hallum analyst Chase Knickerbocker initiates coverage on Codere Online Luxembourg (NASDAQ:CDRO) with a Buy rating and announces Price Target of $10.
U.S. stocks were mixed, with the Dow Jones index gaining around 50 points on Friday. Shares of Asana, Inc. (NYSE:ASAN) rose sharply during Friday's session after the company announced a $150 million share repurchase program and reaffirmed its forward guidance. Asana said its board of directors approved a stock repurchase program authorizing the company to repurchase up to $150 million of its Class A common stock through June 30, 2025. Asana shares jumped 13.4% to $12.90 on Friday. Here are some other big stocks recording gains in today’s session. Sarepta Therapeutics, Inc. (NASDAQ:SRPT) shares jumped 39.2% to $171.89 after the company announced FDA approval of an expansion to
Craig Hallum initiated coverage of Codere Online Luxembourg, S.A. with a rating of Buy and set a new price target of $10.00
Noble Capital Markets initiated coverage of Codere Online Luxembourg with a rating of Outperform and set a new price target of $10.00
Stifel initiated coverage of Codere Online Luxembourg with a rating of Buy and set a new price target of $10.00
SC 13G/A - Codere Online Luxembourg, S.A. (0001866782) (Subject)
SC 13G - Codere Online Luxembourg, S.A. (0001866782) (Subject)
SC 13G - Codere Online Luxembourg, S.A. (0001866782) (Subject)
Luxembourg, Grand Duchy of Luxembourg, June 25, 2024 – (GLOBE NEWSWIRE) Codere Online (NASDAQ:CDRO, the "Company"))), a leading online gaming operator in Spain and Latin America, today announced the favorable resolution of all 21 agenda items at the Annual General Meeting (AGM) held yesterday at the registered office of the Company, including the appointment of three new members to its Board of Directors. Mr. Gabriel Saenz de Buruaga, Mr. Taavi Davies and Mr. Claude Noesen have been appointed as directors for an initial term of one year, replacing Mr. Patrick Ramsey, Ms. Michal Elimelech, and Mr. Laurent Teitgen. Mr. Gonzaga Higuero, CEO of Codere Group, was re-appointed as director and
Mexico City, Mexico, June 18, 2024 – (GLOBE NEWSWIRE) Codere Online (NASDAQ:CDRO, the "Company"))), a leading online gaming operator in Spain and Latin America, is pleased to announce its groundbreaking collaboration with Blip, an AI-first conversational platform, to introduce an unparalleled gaming experience to its Mexican customers. This strategic alliance marks a significant milestone both in the global online gaming sector as well as in Mexico. As the largest market by revenue for Codere Online, Mexico has been a focal point of growth and investment over the past several years. With a clear commitment to enhancing the gaming experience for its customers, Codere Online
Luxembourg, June 22, 2023 – (GLOBE NEWSWIRE) Codere Online (NASDAQ:CDRO, "the Company"))), a leading online gaming operator in Spain and Latin America, today announced the favorable resolution of all 20 agenda items at the Annual General Meeting (AGM) held today at the registered office of the Company, including the appointment of Michal Elimelech as a new member of the Board of Directors. Ms. Elimelech will be replacing Oscar Iglesias as one of four directors nominated by Codere Newco S.A. The Board extends its sincere appreciation to Mr. Iglesias for his valuable contribution and dedication during his tenure as Board member and looks forward to continue working with him in his current e