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Enthusiast Gaming Holdings Inc. - EGLX STOCK NEWS

Welcome to our dedicated news page for Enthusiast Gaming Holdings (Ticker: EGLX), a resource for investors and traders seeking the latest updates and insights on Enthusiast Gaming Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Enthusiast Gaming Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Enthusiast Gaming Holdings's position in the market.

Rhea-AI Summary
NFL and Enthusiast Gaming announce the second season of NFL Tuesday Night Gaming, premiering on Sept. 12. The show will feature NFL players and top gaming creators competing in popular video games. The new season will also introduce a team format and special themed episodes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
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none
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Rhea-AI Summary
Enthusiast Gaming Holdings Inc. (NASDAQ: EGLX; TSX: EGLX) announced Q2 2023 financial results, highlighting a revenue decrease to $42.6 million, with a strategic focus on higher margin revenue. Brand Solutions and subscription revenue accounted for nearly 30% of total revenue, contributing to a 520 basis points year-over-year expansion in gross margins. The company also emphasized the de-emphasis of non-core and unprofitable revenue streams, leading to a net loss of $10.2 million in Q2 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.97%
Tags
-
Rhea-AI Summary
Enthusiast Gaming Holdings is partnering with Greywood Investments to find replacement nominee directors for its board of directors, following the resignation of David Goldhill and Janny Lee.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
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none
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Rhea-AI Summary
Enthusiast Gaming Holdings Inc. plans to report its financial and operating results for Q2 2023 on August 14, 2023. The company will host a conference call to discuss the results at 5:00 p.m. ET. Toll-free number and webcast details are provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.13%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.1%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.25%
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none
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.17%
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none
Rhea-AI Summary
Enthusiast Gaming Holdings Inc. CEO, Nick Brien, will host a roundtable discussion and offer meetings with investors at the B. Riley Annual Institutional Investor Conference in Beverly Hills, CA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.25%
Tags
conferences
Enthusiast Gaming Holdings Inc.

Nasdaq:EGLX

EGLX Rankings

EGLX Stock Data

38.69M
137.64M
14.7%
6.86%
0.71%
Internet Publishing and Broadcasting and Web Search Portals
Information
Link
Canada
Toronto

About EGLX

enthusiast gaming (eg) is the culmination of what the gaming world has to offer, both online and offline. its grassroots as an enthusiast lead community brought upon the creation of the first few enthusiast websites, nintendo enthusiast, gaming enthusiast, playstation enthusiast, and later tv and film enthusiast recently in 2015. as a growing network of both internally and externally managed editorials and domains, eg has provided approachable content with a certain readable nature that is generated by the gamer, for the gamer. most recently, eg has added to it’s collection a series of websites that align with this readable nature, and in turn, embracing it to create an online community with gamers across the world. enthusiast gaming operates a live network of gaming events, competitions, markets, and gatherings within the local communities it was created in, giving back to those that have made it possible to be where we are today. eg looks forward to creating new content and events fo