Inspired Entertainment (NASDAQ:INSE) Issues Quarterly Earnings Results

Inspired Entertainment (NASDAQ:INSEGet Free Report) announced its earnings results on Monday. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.13), RTT News reports. The business had revenue of $83.00 million during the quarter, compared to the consensus estimate of $79.19 million. Inspired Entertainment had a negative return on equity of 6.35% and a negative net margin of 0.10%.

Inspired Entertainment Price Performance

Shares of NASDAQ:INSE opened at $8.69 on Tuesday. Inspired Entertainment has a 1-year low of $7.51 and a 1-year high of $11.61. The business has a fifty day moving average price of $9.81 and a 200-day moving average price of $9.52. The company has a market capitalization of $230.83 million, a PE ratio of -867.63 and a beta of 1.38.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Truist Financial set a $19.00 price objective on shares of Inspired Entertainment in a research report on Friday. JMP Securities reissued a “market outperform” rating and set a $14.00 price objective on shares of Inspired Entertainment in a research note on Friday. Finally, New Street Research set a $21.00 price objective on Inspired Entertainment in a research note on Friday.

Check Out Our Latest Report on Inspired Entertainment

Inspired Entertainment Company Profile

(Get Free Report)

Inspired Entertainment, Inc, a gaming technology company, engages in the supply of content, platform, and other products and services to regulated lottery, betting, and gaming operators worldwide. It operates in four segments: Gaming, Virtual Sports, Interactive, and Leisure. The Gaming segment supplies gaming terminals and software to betting offices, casinos, gaming halls, and high street adult gaming centers; a portfolio of games through its digital terminals under the Centurion and Super Hot Fruits names; and traditional casino games, such as roulette, blackjack, and number games.

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Earnings History for Inspired Entertainment (NASDAQ:INSE)

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