Inspired Entertainment (NASDAQ:INSE) Releases Quarterly Earnings Results

Inspired Entertainment (NASDAQ:INSE) posted its quarterly earnings results on Monday. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.13), RTT News reports. The company had revenue of $83.00 million during the quarter, compared to the consensus estimate of $79.19 million. Inspired Entertainment had a negative net margin of 0.10% and a negative return on equity of 6.35%.

Inspired Entertainment Stock Down 6.0 %

Inspired Entertainment stock opened at $8.62 on Wednesday. The company’s fifty day simple moving average is $9.81 and its 200-day simple moving average is $9.52. Inspired Entertainment has a 12 month low of $7.51 and a 12 month high of $11.61. The stock has a market cap of $229.10 million, a P/E ratio of -861.14 and a beta of 1.38.

Wall Street Analyst Weigh In

INSE has been the topic of several research reports. New Street Research set a $21.00 price target on Inspired Entertainment in a report on Friday, March 14th. Truist Financial set a $19.00 target price on shares of Inspired Entertainment in a research note on Friday, March 14th. Finally, JMP Securities reissued a “market outperform” rating and set a $14.00 target price on shares of Inspired Entertainment in a research note on Friday, March 14th.

Inspired Entertainment Company Profile

Inspired Entertainment, Inc, a gaming technology company, engages in the supply of content, platform, and other products and services to regulated lottery, betting, and gaming operators worldwide. It operates in four segments: Gaming, Virtual Sports, Interactive, and Leisure. The Gaming segment supplies gaming terminals and software to betting offices, casinos, gaming halls, and high street adult gaming centers; a portfolio of games through its digital terminals under the Centurion and Super Hot Fruits names; and traditional casino games, such as roulette, blackjack, and number games.