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Gambling.com Group (NASDAQ:GAMB) Issues Earnings Results

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Gambling.com Group (NASDAQ:GAMB - Get Free Report) announced its earnings results on Thursday. The company reported $0.35 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.10, Zacks reports. The business had revenue of $35.30 million for the quarter, compared to analysts' expectations of $35.20 million. Gambling.com Group had a net margin of 23.40% and a return on equity of 25.06%. The firm's revenue was up 8.6% compared to the same quarter last year.

Gambling.com Group Price Performance

GAMB stock traded up $0.72 on Monday, reaching $13.92. 503,182 shares of the company's stock were exchanged, compared to its average volume of 251,968. Gambling.com Group has a twelve month low of $7.52 and a twelve month high of $17.14. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.20. The stock has a fifty day moving average of $14.21 and a 200-day moving average of $12.60. The firm has a market cap of $518.14 million, a PE ratio of 17.85 and a beta of 0.99.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Craig Hallum upped their target price on shares of Gambling.com Group from $16.00 to $18.00 and gave the company a "buy" rating in a report on Friday, December 13th. Benchmark restated a "buy" rating and issued a $18.00 price target on shares of Gambling.com Group in a research report on Thursday, February 20th. BTIG Research increased their price objective on Gambling.com Group from $13.00 to $19.00 and gave the stock a "buy" rating in a research report on Friday, December 13th. Cantor Fitzgerald initiated coverage on Gambling.com Group in a report on Wednesday, March 5th. They issued an "overweight" rating and a $20.00 target price on the stock. Finally, Jefferies Financial Group increased their price target on Gambling.com Group from $20.00 to $21.00 and gave the stock a "buy" rating in a report on Wednesday, January 15th. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $17.56.

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Read Our Latest Stock Report on GAMB

About Gambling.com Group

(Get Free Report)

Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide. It provides digital marketing services for the iGaming and social casino products. The company's focus is on online casino, online sports betting, and fantasy sports industry. It publishes various branded websites, including Gambling.com, Casinos.com, RotoWire.com, and Bookies.com.

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Earnings History for Gambling.com Group (NASDAQ:GAMB)

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