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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.
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Image and article originally from www.benzinga.com. Read the original article here.