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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
Enthusiast Gaming reports double-digit growth in high-margin revenue streams and a 24% YoY increase in gross profit. The company's Brand Solutions revenue increased by 92% to $10.0 million, and Subscriptions revenue increased by 19% to a record $4.0 million. Gross profit increased to $16.8 million, with margins expanding to 39.1% from 28.6% in Q1 2022.
Rhea-AI Impact
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-6.48%
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-2.33%
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-1.38%
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0.24%
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-11.79%
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8.25%
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9.84%
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-1.08%
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6.46%
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Rhea-AI Sentiment
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-2.7%
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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