Motorsport Games: Q2 Earnings Insights

Motorsport Games: Q2 Earnings Insights

 

Motorsport Games MSGM reported its Q2 earnings results on Wednesday, August 10, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Motorsport Games missed estimated earnings by 40.0%, reporting an EPS of $-0.63 versus an estimate of $-0.45.

Revenue was down $230 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 0.01% increase in the share price the next day.

Here's a look at Motorsport Games's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.5 0 -0.45 -0.4
EPS Actual -0.5 -0.57 -0.56 -0.5
Revenue Estimate 1.78M 13.74M 1.69M 1.44M
Revenue Actual 3.32M 8.22M 2.14M 2.24M

To track all earnings releases for Motorsport Games visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings