Gambling.com Group Limited Q2 Profit Increases, Beats Estimates

(RTTNews) - Gambling.com Group Limited (GAMB) revealed a profit for its second quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line came in at $6.930 million, or $0.19 per share. This compares with $0.278 million, or $0.01 per share, in last year's second quarter.

Excluding items, Gambling.com Group Limited reported adjusted earnings of $7.356 million or $0.20 per share for the period.

Analysts on average had expected the company to earn $0.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 17.6% to $30.541 million from $25.972 million last year.

Gambling.com Group Limited earnings at a glance (GAAP) :

-Earnings (Q2): $6.930 Mln. vs. $0.278 Mln. last year. -EPS (Q2): $0.19 vs. $0.01 last year. -Revenue (Q2): $30.541 Mln vs. $25.972 Mln last year.