GAME ResultsHopefully BRAG can do something similar. GLTA
08:34 AM EDT, 07/26/2021 (MT Newswires) -- Engine Media Holdings, Inc. (GAME.V), a gaming and next-generation media solutions company that fell 6.9% on Friday, on Monday reported an attributable net income of $6.2 million in its fiscal third quarter ended May 31, swinging from a net loss of over $11.7 million in the same period a year ago.
Basic EPS came in at $0.43, compared with a year-ago loss per share of $3.63. The company's revenue rose to $9.6 million from $2.1 million, while expenses narrowed to $3.4 million from $12.5 million.
The company's adjusted EBITDA came in at a loss of $3.8 million in its fiscal third quarter, widening year over year from just under $2.0 million.
For the nine months through May, Engine Media reported an attributable net loss of $27.2 million, widening from $22.3 million on a yearly basis. Revenue grew to $25.5 million from $3.5 million but expenses more than doubled to $51.0 million from $21.4 million.
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