Bragg Gaming Group (BRAG) Set to Announce Quarterly Earnings on Thursday

Bragg Gaming Group (NASDAQ:BRAG) is scheduled to be announcing its earnings results before the market opens on Thursday, May 9th. Bragg Gaming Group has set its FY 2024 guidance at EPS.

Bragg Gaming Group (NASDAQ:BRAG) last issued its quarterly earnings results on Tuesday, March 26th. The company reported ($0.03) earnings per share for the quarter. Bragg Gaming Group had a negative return on equity of 5.40% and a negative net margin of 4.11%. The business had revenue of $25.15 million during the quarter. On average, analysts expect Bragg Gaming Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Bragg Gaming Group Stock Up 4.0 %

Bragg Gaming Group stock opened at $5.68 on Thursday. Bragg Gaming Group has a 52 week low of $2.92 and a 52 week high of $7.00. The company has a market capitalization of $131.89 million, a price-to-earnings ratio of -33.41 and a beta of 0.86. The stock has a 50-day moving average price of $5.72 and a 200 day moving average price of $5.26.

Analyst Upgrades and Downgrades

Separately, Benchmark reaffirmed a “speculative buy” rating and set a $8.00 target price on shares of Bragg Gaming Group in a report on Wednesday, April 3rd.

Bragg Gaming Group Company Profile

Bragg Gaming Group Inc provides business to business online gaming technology platform and casino content aggregator worldwide. The company offers a range of games, including slot, table, card, video bingo, scratch card, and virtual sports, as well as live dealer games. It also provides player account management platform, a multi-channel and cross-product that enables operators to manage the entire product suite using one shared account and one wallet for casino, lottery, sportsbook, and other operations; and Fuze, a single integrated platform that delivers third party gaming content.