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Rush Street Interactive Swings to Q4 Adjusted Earnings, Revenue Rises; 2024 Revenue Guidance Set; Shares Jump After Hours
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Rush Street Interactive Swings to Q4 Adjusted Earnings, Revenue Rises; 2024 Revenue Guidance Set; Shares Jump After Hours
Mar 6, 2024 2:04 PM

04:53 PM EST, 03/06/2024 (MT Newswires) -- Rush Street Interactive ( RSI ) reported Q4 adjusted earnings late Wednesday of $0.01 per diluted share, compared with a loss of $0.11 a year earlier.

Four analysts polled by Capital IQ expected a loss of $0.04.

Revenue for the quarter ended Dec. 31 was $193.9 million, up from $165.5 million a year earlier. Analysts polled by Capital IQ expected $178.8 million.

The company said it expects full-year 2024 revenue of between $770 million and $830 million. Analysts in a Capital IQ poll expect $759.3 million.

Shares of the company rose nearly 15% in after-hours activity, adding to a 2.1% gain earlier in the day.

Price: 6.2, Change: +0.81, Percent Change: +15.03

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