Super League announced an update on the Company’s efforts to significantly reduce its costs structure through a 35% workforce reduction and restructuring of management compensation. The measures, effective primarily as of April 14, 2025 and May 1st, 2025, respectively, are expected to reduce fiscal year operating costs by approximately $2.7 million through December 31, 2025, which should help the Company reach its targeted goal of being EBITDA positive in Q4 2025.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLE:
- Super League Enterprise Announces Major Cost Reduction Measures
- Super League Enterprise announces acquisition of Supersocial
- Super League Enterprise Reports 2024 Financial Results
- Super League Enterprise’s 2024 Financial Results and Strategic Shift
- Super League Enterprise Earnings Call: Strategic Shifts Amid Challenges
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue