GAN Limited (NASDAQ:GAN) Expected to Post Quarterly Sales of $10.33 Million

Wall Street brokerages expect GAN Limited (NASDAQ:GAN) to announce sales of $10.33 million for the current quarter, according to Zacks. Two analysts have made estimates for GAN’s earnings. The highest sales estimate is $10.66 million and the lowest is $10.00 million. The firm is expected to issue its next earnings report on Thursday, November 19th.

According to Zacks, analysts expect that GAN will report full year sales of $37.88 million for the current financial year, with estimates ranging from $37.75 million to $38.00 million. For the next year, analysts expect that the business will report sales of $49.45 million, with estimates ranging from $46.89 million to $52.00 million. Zacks’ sales calculations are a mean average based on a survey of analysts that cover GAN.

GAN stock traded up $0.85 during midday trading on Wednesday, reaching $16.90. The company had a trading volume of 777,102 shares, compared to its average volume of 1,748,207. GAN has a 1 year low of $10.60 and a 1 year high of $28.95. The company has a current ratio of 4.78, a quick ratio of 4.73 and a debt-to-equity ratio of 0.01.

GAN Company Profile

GAN Limited provides enterprise Software-as-a-Service solutions for online casino gaming and online sports betting applications. It offers a proprietary internet gambling enterprise software system, GameSTACK, which it licenses principally to the land-based U.S. casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming, and virtual simulated gaming.

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