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Bragg Gaming Group Q3 Revenue and Earnings Miss Estimates

Investing.com +1 · ·by G4L

BRAG
BRAG Bragg Gaming Group Inc
$0.64 -6.24%
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  1. 1Bragg Gaming Group's Q3 revenue of 20.6 million euros fell short of the 26.8 million euro revenue estimate from analysts.
  2. 2Bragg Gaming Group's Q3 loss per share of 0.15 euros was larger than the analyst estimate of a 0.02 euro loss.
  3. 3Bragg Gaming Group's 23% year-over-year revenue decline was primarily caused by Dutch platform customer churn and changes in the Brazilian market.

So what's the key point?

Bragg Gaming Group's third-quarter revenue was lower than what experts expected. The loss was also larger than expected, which is not good news for investors.

Source Investing.com +1 · View original ↗

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