Mixed ResultsBased on this, we have a beat on revenue but a greater than anticipated net loss. GLTA
Enthusiast Gaming Holdings Inc. reported fourth-quarter revenue of $56.9-million, up from $42.5-million a year earlier. The expectation was for revenue of $54.9-million, according to S&P Capital IQ.
Its net loss was $12.9-million or 10 cents per share versus a loss of $6.9-million or 6 cents a year ago, according to documents filed on Sedar.com. the expectation was for a loss of 7 cents per share.