GAN Q1 2024 GAAP EPS $(0.09) Down From $0.03 YoY, Sales $30.651M Miss $39.951M Estimate

5/9/24 5:19:45 PM ET

Computer Software: Programming Data Processing

Technology

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GAN (NASDAQ:GAN) reported quarterly losses of $(0.09) per share. This is a 400 percent decrease over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $30.651 million which missed the analyst consensus estimate of $39.951 million by 23.28 percent. This is a 12.75 percent decrease over sales of $35.129 million the same period last year.

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Recent Analyst Ratings for
$GAN

Date	Price Target	Rating	Analyst
11/9/2023		Outperform → Neutral	Macquarie
3/23/2022		Outperform → Market Perform	Northland Capital
8/10/2021	$21.00	Buy	Jefferies

More analyst ratings

$GAN
Leadership Updates

Live Leadership Updates

GAN Announces Recent Appointment of Mr. Brian Chang to Chief Financial Officer
Mr. Chang had previously been serving in an interim capacity 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 announced that Mr. Brian Chang has recently been named the Company's Chief Financial Officer. Mr. Chang had previously been serving in an interim capacity. Mr. Chang will be focused on guiding the Company towards a timely closing with Sega Sammy Creation, Inc. ("Sega Sammy"). "I'd like to congratulate Brian on his appointment to permanently lead our finance team. Brian has proven his financial acumen having served
4/2/24 8:00:00 AM ET
$GAN
Computer Software: Programming Data Processing
Technology
GAN Announces Recent Appointment of Mr. Seamus McGill to Chief Executive Officer
Mr. McGill had previously been serving in an interim capacity 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 announced that Mr. Seamus McGill has recently been named the Company's Chief Executive Officer. Mr. McGill had previously been serving in an interim capacity. Mr. McGill's will remain on the Company's board of directors and will be focused on guiding the Company towards a timely closing with Sega Sammy Creation, Inc. "Seamus has the full backing of the board of directors and we are confident that his experience a
2/15/24 8:00:00 AM ET
$GAN
Computer Software: Programming Data Processing
Technology
GAN Reminds Shareholders to Vote in the Upcoming Special Shareholder Meeting
Shareholders are encouraged to vote FOR the proposed merger agreement with Sega Sammy Creation, Inc. GAN Limited (the "Company" or "GAN") (NASDAQ: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 reminded its shareholders to vote in favor of the previously announced merger with a subsidiary of SEGA SAMMY CREATION INC., ("SSC"), an affiliate of SEGA SAMMY HOLDINGS, INC. ("SEGA SAMMY") at the upcoming special meeting of shareholders. How to Vote The meeting will take place on Tuesday, February 13, 2024 at 10:00 AM Pacific Time and will be held in a virtual format via l
2/9/24 12:00:00 PM ET
$GAN
Computer Software: Programming Data Processing
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$GAN
Financials

Live finance-specific insights

GAN Reports Second Quarter 2024 Financial Results
Growth in B2B revenues coupled with continued cost rationalization leads to improved results Expected timeline for completion of merger with SEGASAMMY remains on track for late 2024 or early 2025 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 second quarter ended June 30, 2024. Seamus McGill, GAN's Chief Executive Officer, said, "I'm very pleased with the continued operational progress the team is delivering. We achieved top-line revenue growth in the second quarter while
8/9/24 4:01:00 PM ET
$GAN
Computer Software: Programming Data Processing
Technology
GAN Reports First Quarter 2024 Financial Results
Growth in B2B revenues and reduced operating expenses offset by unfavorable B2C sports margin Merger with SegaSammy remains on track to close in Late 2024 or Early 2025 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 first quarter ended March 31, 2024. "Our first quarter saw strong B2B revenue growth of nearly 10% as well as successful ongoing cost initiatives to reduce our overall operating expenses by 20%," commented Seamus McGill, GAN's Chief Executive Officer. "Our B2C
5/9/24 4:01:00 PM ET
$GAN
Computer Software: Programming Data Processing
Technology
GAN to Release First Quarter Results on May 9, 2024
GAN Limited (the "Company" or "GAN") (NASDAQ: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 announced that it will release financial results for the first quarter ended March 31, 2024, after market close on Thursday, May 9, 2024. Due to the previously announced merger agreement and merger of GAN and a subsidiary of SEGA SAMMY CREATION INC., the Company does not plan to host a conference call. About GAN Limited GAN is a leading business-to-business supplier of internet gaming software-as-a-service solutions predominantly to the U.S. land-based casino industry. Coolbe
5/8/24 8:00:00 AM ET
$GAN
Computer Software: Programming Data Processing
Technology

GAN Announces Approval of Merger by the Nevada Gaming Commission
Merger with SEGA SAMMY remains on track to close in late 2024 or early 2025 GAN Limited (the "Company" or "GAN") (NASDAQ: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 announced that it has received approval from the Nevada Gaming Commission (NGC) for the merger of GAN and a subsidiary of SEGA SAMMY CREATION INC. ("SSC"), an affiliate of SEGA SAMMY HOLDINGS INC. ("SEGA SAMMY HOLDINGS"). The closing of the merger remains subject to other customary closing conditions including additional gaming regulatory approvals, and is expected to occur in late 2024 or early 2025.
10/9/24 9:00:00 AM ET
$GAN
Computer Software: Programming Data Processing
Technology
GAN Reports Second Quarter 2024 Financial Results
Growth in B2B revenues coupled with continued cost rationalization leads to improved results Expected timeline for completion of merger with SEGASAMMY remains on track for late 2024 or early 2025 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 second quarter ended June 30, 2024. Seamus McGill, GAN's Chief Executive Officer, said, "I'm very pleased with the continued operational progress the team is delivering. We achieved top-line revenue growth in the second quarter while
8/9/24 4:01:00 PM ET
$GAN
Computer Software: Programming Data Processing
Technology
GAN Announces CFIUS Clearance for SEGA SAMMY Merger
GAN Limited (the "Company" or "GAN") (NASDAQ: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 announced that it has received clearance from the Committee on Foreign Investment in the United States (CFIUS) for the proposed merger of GAN and a subsidiary of SEGA SAMMY CREATION INC. ("SSC"), an affiliate of SEGA SAMMY HOLDINGS INC. ("SEGA SAMMY HOLDINGS"). The closing of the merger is also subject to approval of the merger and change in control of GAN by certain gaming authorities. The closing of the merger remains subject to other customary closing conditions, and is expe
6/27/24 8:30:00 AM ET
$GAN
Computer Software: Programming Data Processing
Technology

GAN Q1 2024 GAAP EPS $(0.09) Down From $0.03 YoY, Sales $30.651M Miss $39.951M Estimate

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Recent Analyst Ratings for $GAN

$GAN Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Chief Executive Officer Mcgill Seamus M converted options into 68,750 units of Ordinary Shares and covered exercise/tax liability with 27,054 units of Ordinary Shares, increasing direct ownership by 41% to 144,256 units (SEC Form 4)

CFO Chang Brian P covered exercise/tax liability with 905 units of Ordinary Shares, decreasing direct ownership by 7% to 49,373 units (SEC Form 4)

CFO Chang Brian P covered exercise/tax liability with 6,753 units of Ordinary Shares, decreasing direct ownership by 12% to 47,743 units (SEC Form 4)

$GAN Leadership Updates

Live Leadership Updates

GAN Announces Recent Appointment of Mr. Brian Chang to Chief Financial Officer

GAN Announces Recent Appointment of Mr. Seamus McGill to Chief Executive Officer

GAN Reminds Shareholders to Vote in the Upcoming Special Shareholder Meeting

$GAN Market Insights

Live Market Insights

GAN Limited Receives CFIUS Clearance for Proposed Merger With Subsidiary of SEGA Sammy Creation, Affiliate of SEGA Sammy Holdings

Watching Shares Of Sports Betting Companies; Traders Circulate "The U.S. Supreme Court Has Denied The Petition To Hear The Florida Sports Betting Case. The Gaming Compact Allowing Online Sports Betting In Florida Stands"