08:16 AM EDT, 05/15/2024 (MT Newswires) -- Nayax Ltd. ( NYAX ) reported a Q1 loss Wednesday of $0.147 per diluted share, narrowing from a loss of $0.168 a year earlier.

A single analyst polled by Capital IQ expected a loss of $0.05.

Revenue for the quarter ended March 31 was $64 million, up from $52.4 million a year earlier.

Four analysts surveyed by Capital IQ expected $71.4 million.

The company said it continues to expect 2024 revenue of $325 million to $335 million. Four analysts surveyed by Capital IQ expect $328 million.