GameSquare Holdings Third Quarter 2024 Earnings: EPS Misses Expectations

GameSquare Holdings (NASDAQ:GAME) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$26.4m (up 65% from 3Q 2023).
• Net loss: US$5.48m (loss narrowed by 2.0% from 3Q 2023).
• US$0.17 loss per share (improved from US$0.43 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

GameSquare Holdings EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10%.

Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in the US.

Performance of the American Interactive Media and Services industry.

The company's shares are down 19% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 4 warning signs for GameSquare Holdings (1 shouldn't be ignored) you should be aware of.

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