27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
GAN (NASDAQ:GAN) reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:01 PM.
Here's what investors need to know about the announcement.
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Earnings
GAN beat estimated earnings by 116.67%, reporting an EPS of $0.03 versus an estimate of $-0.18.
Revenue was down $2.37 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.12 which was followed by a 24.12% drop in the share price the next day.
Here's a look at GAN's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.12 | -0.17 | -0.13 | -0.10 |
| EPS Actual | -0.24 | -0.16 | -0.23 | -0.08 |
| Revenue Estimate | 36.88M | 34.51M | 36.47M | 34.41M |
| Revenue Actual | 36.95M | 32.12M | 34.97M | 37.49M |
To track all earnings releases for GAN visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.