GameSquare Holdings Third Quarter 2024 Earnings: EPS Misses Expectations

In This Article:

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).

earnings-and-revenue-growth
NasdaqCM:GAME Earnings and Revenue Growth November 17th 2024

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 share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that GameSquare Holdings is showing 4 warning signs in our investment analysis and 1 of those makes us a bit uncomfortable...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.