Welcome to our dedicated page for Fluttr Entrtnmnt news (Ticker: FLUT), a resource for investors and traders seeking the latest updates and insights on Fluttr Entrtnmnt stock.
Flutter Entertainment (FLUT) is a global leader in online sports betting and iGaming, operating renowned brands across 100+ jurisdictions. This page provides centralized access to official press releases and verified news about corporate milestones, regulatory developments, and market strategies.
Investors and industry professionals will find timely updates on earnings reports, strategic partnerships, product launches, and operational expansions. Our curated feed ensures comprehensive coverage of FLUT's initiatives in digital gaming innovation and responsible betting practices.
Key content categories include quarterly financial disclosures, technology advancements through the Flutter Edge platform, market entry announcements, and leadership updates. Bookmark this page for direct access to primary sources about FLUT's global operations in the United States, United Kingdom, Australia, and other key markets.
Flutter Entertainment (NYSE: FLUT) reported its Q1 2024 financial results, showing significant growth in revenue and adjusted EBITDA, despite a rise in net loss. Key highlights include a revenue increase of 16% to $3.4 billion, adjusted EBITDA up by 46% to $514 million, and average monthly players (AMPs) rising by 11% to 13,722.
However, the net loss widened by 59% to $177 million primarily due to non-cash charges. FanDuel continued to lead the US market in sports betting and iGaming, with a 32% revenue increase in the US. Ex-US, the acquisition of MaxBet bolstered revenue. Despite unfavorable sports results, Flutter remains confident in its 2024 financial guidance.
FAQ
What is the current stock price of Fluttr Entrtnmnt (FLUT)?
What is the market cap of Fluttr Entrtnmnt (FLUT)?
