Reports Q3 revenue $277.91M, consensus $268.13M. Richard Schwartz, CEO of RSI, said, “We’re pleased to report another strong quarter that underscores the resilience of our business model and player-first approach. Our third quarter results demonstrate continued momentum and acceleration of growth across key markets, led by our continued outperformance in the online casino space. Another quarter of record revenue, up 20% year-over-year, marks our tenth consecutive quarter of sequential revenue growth over the prior quarter. This growth was driven by record player acquisition and strong player engagement across our higher-value markets.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RSI:
- Nevada reports September statewide gaming win down 2.3% to $1.28B
- Rush Street Interactive price target raised to $18 from $16 at JPMorgan
- Rush Street Interactive Promotes Kyle Sauers to President
- Rush Street Interactive promotes Kyle Sauers to President
- Rush Street Interactive price target raised to $26 from $23 at Jefferies