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The latest announcement is out from Enthusiast Gaming Holdings ( (TSE:EGLX) ).
Enthusiast Gaming reported significant financial improvements in Q4 and FY 2024, with a notable increase in adjusted EBITDA and gross margins due to strategic realignment towards high-margin revenue streams. The company emphasized audience expansion and engagement, achieving record subscriber growth and increased platform engagement, driven by popular gaming properties and strategic sales initiatives.
More about Enthusiast Gaming Holdings
Enthusiast Gaming Holdings Inc. is a leading gaming media and entertainment company. It focuses on gaming content, community engagement, and monetization through its owned and operated properties, catering to gamers and gaming enthusiasts.
YTD Price Performance: -16.67%
Average Trading Volume: 69,632
Technical Sentiment Signal: Buy
Current Market Cap: $11.12M
For a thorough assessment of EGLX stock, go to TipRanks’ Stock Analysis page.