Rush Street Interactive (RSI) Stock

CHICAGO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced that it has elected Thomas Winter to its board of directors, effective as of December 16, 2024. With this addition, the board returns to nine members.

Rush Street Interactive (RSI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

CHICAGO, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced that Richard Schwartz, Chief Executive Officer and Kyle Sauers, Chief Financial Officer, will present at the Needham 4th Annual Consumer Tech/Ecommerce Virtual Conference on Monday, November 25 at 3:45 p.m. Eastern Time. The Company will also present at Craig-Hallum's 4th Annual Online Gaming Conference on Monday, December 2 at 10:00 a.m. Eastern Time.

Rush Street Interactive (RSI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Rush Street Interactive (RSI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

CHICAGO, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online gaming and sportsbook operator, is proud to announce that it has been named Casino Operator of the Year at the prestigious SBC Latinoamérica Awards 2024. This accolade highlights RSI's exceptional growth and commercial success in the Latin American market.

Rush Street Interactive, Inc. (NYSE:RSI ) Q3 2024 Earnings Call October 30, 2024 6:00 PM ET Company Participants Richard Schwartz - Chief Executive Officer Kyle Sauers - Chief Financial Officer Conference Call Participants Jed Kelly - Oppenheimer Ryan Sigdahl - Craig-Hallum David Katz - Jefferies Chad Beynon - Macquarie Jordan Bender - Citizens JMP Stefanos Crist - Needham & Company Zach Silverberg - Wells Fargo Operator Good afternoon. Thank you for attending today's Rush Street Interactive Third Quarter 2024 Earnings Call.

- Third Quarter Revenue of $232 Million, up 37% Year-over-Year - - Third Quarter Net Income of $3.2 Million - - Strong Momentum Continues with Third Quarter Adjusted EBITDA of $23 Million - - Raising Full Year 2024 Adjusted EBITDA Guidance 24% at the Midpoint with a Revised Range of Between $82 and $86 Million - - Announces Share Repurchase Authorization of $50 Million -

Rush Street Interactive has shown impressive growth over the past year, with a 150% share price increase since January 2024 and a 34% YoY revenue jump in Q2 2024. The company is facing some headwinds from rising competition and regulatory challenges, including higher taxes in Illinois that could spread to other states. RSI's potential to break the $9.5 resistance level and continued growth trajectory could make this a multi-bagger opportunity, although the recent insider selling activity raises some concerns.