Profile
Sector:
Consumer CyclicalIndustry:
GamblingCountry:
United StatesIPO:
05 May 2020Website:
http://www.gan.comNext earnings report:
08 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 21:45:12 GMTDividend
Analysts recommendations
Institutional Ownership
GAN Latest News
Gan (NASDAQ: GAN ) stock is rocketing higher on Wednesday after the software-as-a-service solutions company announced an acquisition deal with Sega Sammy Creation. Sega Sammy Creation, a wholly-owned subsidiary of Sega Sammy (OTCMKTS: SGAMY ), is acquiring Gan for $1.97 per share in cash.
GAN Limited shares surged 83% to $1.63 in midday trading on Wednesday after the sports-betting technology provider agreed to be acquired by Sega Sammy Holdings, a Japanese company known for its arcade and video games. Sega Sammy said it will pay $1.97 per share for GAN, a 121% premium to Tuesday's closing price, or a total consideration of about $84.4 million.
GAN Limited operates an online gambling provider, Coolbet, and provides B2B solutions for other providers. GAN has been unprofitable throughout its history and as revenues don't seem to grow, the company could be in for a hard time. If GAN manages to grow, the stock could be a fantastic investment opportunity at the current price.
GAN Limited (NASDAQ:GAN ) Q1 2023 Earnings Conference Call May 10, 2023 6:00 PM ET Company Participants Robert Shore - Vice President of Investor Relations Dermot Smurfit - President and Chief Executive Officer Brian Chang - Interim Chief Financial Officer Conference Call Participants Ryan Sigdahl - Craig Hallum Capital Group Chad Beynon - Macquarie Operator Good day ladies and gentlemen. Welcome to GAN Limited First Quarter 2023 Earnings Call.
GAN Limited (GAN) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.21 per share. This compares to loss of $0.09 per share a year ago.
GAN Limited (NASDAQ:GAN ) Q4 2022 Earnings Conference Call March 30, 2023 4:30 PM ET Company Participants Robert Shore - Vice President of Investor Relations Dermot Smurfit - President and Chief Executive Officer Brian Chang - Interim Chief Financial Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Chad Beynon - Macquarie Robert Shore Good afternoon, everyone. GAN's Fourth Quarter and Full-Year 2022 Earnings Release was issued today after the market closed and is posted on the Company's website at gan.com.
GAN Limited (GAN) delivered earnings and revenue surprises of -71.43% and 0.59%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
What type of business is GAN Limited?
GAN Limited operates as a business-to-business (B2B) supplier of enterprise software-as-a-service solutions to online casino gaming and sports betting applications in the United States, Europe, Latin America, and internationally. It operates through two segments: B2B and B2C. The company provides and licenses GameSTACK, an internet gaming platform that provides turnkey technology solution for regulated real-money internet gambling, online sports betting, and virtual simulated gaming. It offers Real Money iGaming, GAN sports retail and online sportsbook, super remote gaming server, Simulated Gaming, iSight Back Office, iBridge Framework, and development services; development, marketing, and customer support services designed to fast-track deployments and provide ongoing operational support services. In addition, the company offers online sports betting, online casino game, and peer-to-peer poker services through its coolbet.com website. It serves regional operators and individual tribal casino operators. GAN Limited was incorporated in 1999 and is headquartered in Irvine, California.
What sector is GAN Limited in?
GAN Limited is in the Consumer Cyclical sector
What industry is GAN Limited in?
GAN Limited is in the Gambling industry
What country is GAN Limited from?
GAN Limited is headquartered in United States
When did GAN Limited go public?
GAN Limited initial public offering (IPO) was on 05 May 2020
What is GAN Limited website?
https://www.gan.com
Is GAN Limited in the S&P 500?
No, GAN Limited is not included in the S&P 500 index
Is GAN Limited in the NASDAQ 100?
No, GAN Limited is not included in the NASDAQ 100 index
Is GAN Limited in the Dow Jones?
No, GAN Limited is not included in the Dow Jones index
When was GAN Limited the previous earnings report?
No data
When does GAN Limited earnings report?
The next expected earnings date for GAN Limited is 08 November 2024