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East Side Games Group's Q4 Revenue Missed Estimate
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East Side Games Group's Q4 Revenue Missed Estimate
Mar 24, 2025 2:56 PM

05:30 PM EDT, 03/24/2025 (MT Newswires) -- East Side Games Group ( EAGRF ) , after trade Monday, said its fourth-quarter revenue and adjusted earnings before interest, taxes, depreciation, and amortization declined year-over-year.

The company's revenue for the quarter ended Dec. 31 stood at $20.5 million, slightly down from $20.6 million a year ago. FactSet expected $22.8 million.

Adjusted EBITDA was $2.5 million, compared with $4.5 million in the year-ago quarter.

"The company has reached its stated goal of building up cash in the past six quarters and is executing its strategy to pivot into growth for 2025. This focus is further underlined by an 11% increase in average revenue per daily active users from where we ended in 2023 at $1.01," it said.

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