Overview

* Rush Street Interactive ( RSI ) Q3 revenue grows 20% yr/yr, beating analyst expectations, per LSEG data

* Adjusted EBITDA for Q3 rises 54%, surpassing analyst estimates, per LSEG data

* Company raises full-year 2025 revenue and adjusted EBITDA guidance

Outlook

* Rush Street Interactive ( RSI ) raises 2025 revenue guidance to $1.1 bln-$1.12 bln

* Company expects 2025 Adjusted EBITDA between $147 mln and $153 mln

Result Drivers

* MAU GROWTH - 46% year-over-year growth in monthly active users in North American online casino markets drove revenue increase

* PLAYER ACQUISITION - Record player acquisition and engagement contributed to revenue growth, despite reduced marketing spend

* PRODUCT DIFFERENTIATION - Focus on product differentiation and customer experience validated by broad-based growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $277.91 $265.50

Revenue mln mln (8

Analysts

)

Q3 EPS $0.06

Q3 Net $14.84

Income mln

Q3 Beat $36 mln $31 mln

Adjusted (9

EBITDA Analysts

)

Q3 EBIT $19.46

mln

Q3 $22.02

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the casinos & gaming peer group is "buy"

* Wall Street's median 12-month price target for Rush Street Interactive Inc ( RSI ) is $22.00, about 15% above its October 28 closing price of $18.70

* The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 41 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)