EEG Registered 3Q22 Revenue Growth, Liquidity Problems

Esports Entertainment Group (EEG) announced Monday its fiscal 2022 third quarter earnings report, significantly revising down its previously issued full-year revenue guidance. Growth in Revenue, Gross Profit Hoboken-based full stack esports and gambling operator EEG revealed for the three months ended March 31, 2022, net revenue of $15.7 million, representingContinue Reading

Esports Entertainment Plunges, Analyst Questions Liquidity

Posted on: February 25, 2022, 02:12h.  Last updated on: February 25, 2022, 03:16h. Esports Entertainment Group (NASDAQ:GMBL) shed nearly two-thirds of its value this week. That’s after the company missed fourth-quarter estimates and cut 2022 guidance, prompting an analyst to question the firm’s liquidity position. Esports Entertainment Group highlighted inContinue Reading