NeoGames Q4 2023 Adj EPS $0.050 Beats $(0.070) Estimate, Sales $47.761M Miss $54.535M Estimate

3/6/24 4:18:01 PM ET

Services-Misc. Amusement & Recreation

Consumer Discretionary

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NeoGames (NASDAQ:NGMS) reported quarterly earnings of $0.050 per share which beat the analyst consensus estimate of $(0.070) by 171.43 percent. The company reported quarterly sales of $47.761 million which missed the analyst consensus estimate of $54.535 million by 12.42 percent. This is a 31.00 percent decrease over sales of $69.222 million the same period last year.

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Recent Analyst Ratings for
$NGMS

Date	Price Target	Rating	Analyst
8/14/2023	$29.50	Buy → Hold	Jefferies
8/10/2023	$29.50	Buy → Hold	Deutsche Bank
12/1/2022	$174.00	Buy	Deutsche Bank
11/18/2022	$16.00	Underperform	BofA Securities
3/31/2022	$20.00	Buy	Jefferies

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Aristocrat Leisure Completes Acquisition of Neo Group Ltd. (f/k/a NeoGames) for $29.50 per Share
LUXEMBOURG, April 25, 2024 (GLOBE NEWSWIRE) -- Neo Group Ltd. (formerly known as NeoGames S.A.) (NASDAQ:NGMS) ("Neo" or the "Company"), a technology-driven provider of end-to-end iLottery and iGaming solutions, announced today that Aristocrat Leisure Limited (ASX: ALL) ("Aristocrat"), an entertainment and content creation company delivering world-leading mobile and casino games, has completed the previously announced acquisition of all of the outstanding ordinary shares of Neo for $29.50 per share in an all-cash transaction (the "Transaction"), representing an enterprise value of approximately $1.2 billion for Neo. "We are excited to have successfully closed this transaction and joined fo
4/25/24 5:20:15 PM ET
$NGMS
Services-Misc. Amusement & Recreation
Consumer Discretionary
NeoGames and Aristocrat Receive Final Regulatory Approvals on Proposed Acquisition
LUXEMBOURG, April 18, 2024 (GLOBE NEWSWIRE) -- NeoGames S.A (NASDAQ:NGMS) (the "Company"), a technology-driven provider of end-to-end iGaming and iLottery solutions, today confirmed that all necessary regulatory approvals required for the completion of the business combination with Aristocrat Leisure Limited (ASX: ALL) ("Aristocrat") have been received or waived. In addition, all antitrust and foreign investment regulatory clearances have been received. This marks a further step towards completion of the Acquisition, before the final NeoGames shareholder vote. NeoGames and Aristocrat are continuing to work together to progress the remaining steps required to complete the Acquisition. Th
4/18/24 6:34:16 PM ET
$NGMS
Services-Misc. Amusement & Recreation
Consumer Discretionary
NeoGames' Christopher Shaban Appointed Managing Director iLottery
LUXEMBOURG, April 17, 2024 (GLOBE NEWSWIRE) -- NeoGames S.A (NASDAQ:NGMS), a technology-driven provider of end-to-end iGaming and iLottery solutions, has made a key appointment to the leadership team of its iLottery business unit with Christopher Shaban becoming Managing Director, iLottery. This is the latest phase of NeoGames' organizational restructure to support its upcoming plans as the company progresses towards the closing of its acquisition by Aristocrat, expected in the second quarter of fiscal year 2024. With his appointment effective immediately, Shaban will oversee all iLottery activity for the NeoGames Group globally, including new business, customer growth, the continued glo
4/17/24 8:00:00 AM ET
$NGMS
Services-Misc. Amusement & Recreation
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NeoGames Appoints Robert Wesley as VP of North American Customer Development
LUXEMBOURG, Aug. 01, 2023 (GLOBE NEWSWIRE) -- NeoGames S.A. (NASDAQ:NGMS) ("NeoGames" or the "Company"), a technology-driven provider of end-to-end iLottery and iGaming solutions, has significantly enhanced its senior leadership team in North America following the appointment of Robert Wesley as the company's new Vice President of North American Customer Development, effective August 1. Wesley joins NeoGames after 25 successful years at the Virginia Lottery, where over the course of his tenure, he held a number of significant positions, with his most recent being Deputy Executive Director of Lottery. Under his leadership, Virginia's iLottery program became the top performing U.S. jurisdic
8/1/23 4:15:00 PM ET
$NGMS
Services-Misc. Amusement & Recreation
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NeoGames Appoints Christopher G. Shaban as EVP Sales, Marketing and Customer Development
LUXEMBOURG, June 07, 2021 (GLOBE NEWSWIRE) -- NeoGames S.A., (Nasdaq: NGMS) (“NeoGames” or the "Company"), a technology-driven provider of end-to-end iLottery solutions, today announced the appointment of Christopher G. Shaban as Executive Vice President of Sales, Marketing and Customer Development, effective June 7th. Mr. Shaban brings over 24 years of global lottery industry experience, including expertise across all elements of lottery authorization, contracting, operations, and business development. Mr. Shaban will join NeoGames Management team and will assume global responsibilities for new sales initiatives, government relations, customer development and growth, as well as marketing
6/7/21 4:15:00 PM ET
$NGMS
Services-Misc. Amusement & Recreation
Consumer Discretionary
NeoGames Expands Board with the Appointment of Lisbeth McNabb
LUXEMBOURG, Jan. 20, 2021 (GLOBE NEWSWIRE) -- NeoGames S.A. (Nasdaq: NGMS) (“NeoGames” or the "Company"), a technology-driven provider of end-to-end iLottery solutions, announced today the appointment of Lisbeth McNabb to its board of directors as a Non-executive director. The appointment is effective immediately. Ms. McNabb will serve as chairperson on the board’s audit committee and a member of its compensation and nominating and corporate governance committees. With the addition, the board expands to six members. Ms. McNabb has deep experience as a creative strategist and operational leader skilled in developing solutions to meet competitive, customer and business objectives in environ
1/20/21 4:15:00 PM ET
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NeoGames Announces Fourth Quarter and Full Year 2023 Results
– Full Year 2023 Revenues and Share of NPI Revenues Interest total $254.6 million –– Full Year 2023 Net Loss of $18.3 million and Adjusted Net Income, after taking effect of the amortization of Aspire intangibles, was $12.8 million –– Full Year 2023 Adjusted EBITDA total $76.2 million, an increase of 39.8% year-over-year –– Expected Timeline for Completion of the Aristocrat Business Combination during the second quarter 2024 – LUXEMBOURG, March 06, 2024 (GLOBE NEWSWIRE) -- NeoGames S.A. (NASDAQ:NGMS) ("NeoGames" or the "Company"), a technology-driven provider of end-to-end iLottery and iGaming solutions, announced today financial results for the fourth quarter and year ended December 31,
3/6/24 4:15:00 PM ET
$NGMS
$RSI
Services-Misc. Amusement & Recreation
Consumer Discretionary
NeoGames Announces Third Quarter 2023 Results
– Third Quarter Revenues and Share of NPI Revenues Interest total $63.3 million – – Third Quarter Net Loss of $3.6 million and Adjusted Net Income, after taking effect of the amortization of Aspire intangibles, was $4.4 million – – Third Quarter Adjusted EBITDA total $19.9 million, an increase of 13% year-over-year – – Expected Timeline for Completion of the Aristocrat Business Combination Remains the First Half of 2024 – LUXEMBOURG, Nov. 08, 2023 (GLOBE NEWSWIRE) -- NeoGames S.A. (NASDAQ:NGMS) ("NeoGames" or the "Company"), a technology-driven provider of end-to-end iLottery and iGaming solutions, announced today financial results for the third quarter ended Se
11/8/23 4:15:00 PM ET
$NGMS
$RSI
Services-Misc. Amusement & Recreation
Consumer Discretionary
NeoGames Announces Second Quarter 2023 Results
– Second Quarter Revenues and Share of NPI Revenues Interest total $62.0 million, up 98.2% year-over-year – – Expected Timeline for Completion of the Aristocrat Business Combination Remains the First Half of 2024 – LUXEMBOURG, Aug. 09, 2023 (GLOBE NEWSWIRE) -- NeoGames S.A. (NASDAQ:NGMS) ("NeoGames" or the "Company"), a technology-driven provider of end-to-end iLottery and iGaming solutions, announced today financial results for the second quarter ended June 30, 2023. Moti Malul, Chief Executive Officer of NeoGames, said: "We are very pleased with the achievements and partnerships that defined and drove our second quarter results. Our continued commitment to innovation and excellence ha
8/9/23 4:15:00 PM ET
$NGMS
Services-Misc. Amusement & Recreation
Consumer Discretionary

NeoGames Q4 2023 Adj EPS $0.050 Beats $(0.070) Estimate, Sales $47.761M Miss $54.535M Estimate

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Recent Analyst Ratings for
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Large Ownership Changes

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SEC Form SC 13D/A filed by NeoGames S.A. (Amendment)

SEC Form SC 13G/A filed by NeoGames S.A. (Amendment)

SEC Form SC 13D filed by NeoGames S.A.

$NGMS
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Reported Earlier, NeoGames And Aristocrat Secure Final Regulatory Nods For Acquisition Deal

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NeoGames downgraded by Jefferies with a new price target

NeoGames downgraded by Deutsche Bank with a new price target

Deutsche Bank initiated coverage on NeoGames with a new price target

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Leadership Updates

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Aristocrat Leisure Completes Acquisition of Neo Group Ltd. (f/k/a NeoGames) for $29.50 per Share

NeoGames and Aristocrat Receive Final Regulatory Approvals on Proposed Acquisition

NeoGames' Christopher Shaban Appointed Managing Director iLottery

NeoGames Appoints Robert Wesley as VP of North American Customer Development

NeoGames Appoints Christopher G. Shaban as EVP Sales, Marketing and Customer Development

NeoGames Expands Board with the Appointment of Lisbeth McNabb

$NGMS
Financials

Live finance-specific insights

NeoGames Announces Fourth Quarter and Full Year 2023 Results

NeoGames Announces Third Quarter 2023 Results

NeoGames Announces Second Quarter 2023 Results

$NGMS
SEC Filings

SEC Form 15-12G filed by NeoGames S.A.

SEC Form 20-F filed by NeoGames S.A.

SEC Form 6-K filed by NeoGames S.A.

NeoGames Q4 2023 Adj EPS $0.050 Beats $(0.070) Estimate, Sales $47.761M Miss $54.535M Estimate

Chat with this insight

Recent Analyst Ratings for $NGMS

$NGMS Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13D/A filed by NeoGames S.A. (Amendment)

SEC Form SC 13G/A filed by NeoGames S.A. (Amendment)

SEC Form SC 13D filed by NeoGames S.A.

$NGMS Market Insights

Live Market Insights

Reported Earlier, NeoGames And Aristocrat Secure Final Regulatory Nods For Acquisition Deal

NeoGames Partners With BIG Brazil For Its Caesars Brazil Brand, Ahead Of Market Opening

NeoGames Extends Agreement With Czech Market Leader, AZKA

$NGMS Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

NeoGames downgraded by Jefferies with a new price target

NeoGames downgraded by Deutsche Bank with a new price target

Deutsche Bank initiated coverage on NeoGames with a new price target

$NGMS Press Releases

Fastest customizable press release news feed in the world

$NGMS Leadership Updates

Live Leadership Updates

Aristocrat Leisure Completes Acquisition of Neo Group Ltd. (f/k/a NeoGames) for $29.50 per Share

NeoGames and Aristocrat Receive Final Regulatory Approvals on Proposed Acquisition

NeoGames' Christopher Shaban Appointed Managing Director iLottery

NeoGames Appoints Robert Wesley as VP of North American Customer Development

NeoGames Appoints Christopher G. Shaban as EVP Sales, Marketing and Customer Development

NeoGames Expands Board with the Appointment of Lisbeth McNabb

$NGMS Financials

Live finance-specific insights

NeoGames Announces Fourth Quarter and Full Year 2023 Results

NeoGames Announces Third Quarter 2023 Results

NeoGames Announces Second Quarter 2023 Results

$NGMS SEC Filings

SEC Form 15-12G filed by NeoGames S.A.

SEC Form 20-F filed by NeoGames S.A.

SEC Form 6-K filed by NeoGames S.A.

Recent Analyst Ratings for
$NGMS

$NGMS
Large Ownership Changes

$NGMS
Market Insights

$NGMS
Analyst Ratings

$NGMS
Press Releases

$NGMS
Leadership Updates

$NGMS
Financials

$NGMS
SEC Filings