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Gambling.com Group Reports Higher Earnings, Exceeds Estimates

Gambling.com Group Limited announces strong fourth-quarter results, exceeding expectations. Earnings increased to $7.93 million, or $0.23 per share, up from last year's $6.37 million, showing positive growth.

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AI Rating:   7

Fourth Quarter Performance

Gambling.com Group Limited (GAMB) reported a significant earnings increase for the fourth quarter with earnings reaching $7.93 million, compared to $6.37 million from the prior year, marking a solid year-on-year growth. The earnings per share (EPS) also improved from $0.16 to $0.23, which is a positive indication for investors.

Furthermore, the company reported adjusted earnings of $12.17 million or $0.35 per share, which exceeded analysts' expectations of $0.24 per share. This performance highlights the company’s ability to handle its operations effectively and manage costs efficiently.

Revenue Growth

Revenue for the period saw an 8.5% increase, rising to $35.31 million from $32.53 million last year. This growth is a strong factor indicating healthy demand and operational effectiveness within Gambling.com Group.

Future Guidance

For FY25, the company provides a revenue guidance of $170 million - $174 million, which points toward continued growth expectations and optimism in future financial performance.