GAMESQUARE HLDGS INC Stock Price, News & Analysis

Engine Gaming and Media (NASDAQ: GAME) plans to release its financial results for Q2 2022, ended February 28, 2022, after market close on April 14, 2022. A conference call will follow at 5:00 PM ET to discuss these results. Engine specializes in esports and social gaming, providing tailored marketing and data analytics solutions. Its subsidiaries include well-known entities such as Stream Hatchet and UMG, generating revenue through direct-to-consumer services, programmatic advertising, and sponsorships.

Engine Gaming & Media Holdings, Inc. (NASDAQ: GAME) announced the upcoming exclusive release of Gear.Club Stradale for Apple Arcade during Apple's Peek Performance event on March 8, 2022. This new installment, developed by its subsidiary Eden Games, promises enhanced graphics and an immersive driving experience. Notably, the Gear.Club franchise has surpassed 1 million units sold on Nintendo Switch and has been released on Xbox Series X and PlayStation 5, showcasing Eden's strength in premium racing games.

Engine Gaming and Media has announced the launch of the Lady Spartan Pro Series (LSPS), a $20,000 esports tournament aimed at empowering female players in the Halo community. The series will feature five tournaments, with the first tournament starting March 5, 2022. UMG Gaming, a subsidiary of Engine, has partnered with brands like Goodr and Madrinas Coffee to support the initiative. The final will take place on May 21-22, showcasing the top eight teams based on pro points. The event aims to create a non-toxic environment for female gamers to thrive.

Engine Gaming and Media (NASDAQ:GAME) announced a multi-year extension with HyperX for influencer marketing and social commerce services through its subsidiary, Sideqik. This partnership will enhance HyperX's marketing strategies by leveraging Sideqik's technology for influencer discovery and sales tracking across social platforms. HyperX has praised Sideqik for its custom solutions and effective influencer analysis, indicating the strong impact of this relationship on their brand growth.

Engine Gaming and Media (NASDAQ: GAME) reported a 92% year-over-year revenue increase in FY Q1’2022, reaching $14.3 million, up from $7.5 million in FY Q1’2021. The sequential growth was 22% from the previous quarter. Despite a reduced net loss of $(1.3) million, Adjusted EBITDA saw an increase in loss to $(5.0) million. The company holds $9.7 million in cash and $10.1 million in receivables. Key segments, especially Advertising and Games Development, showed significant growth with increases of 84% and 320% YoY, respectively.

Engine Gaming and Media has appointed Stuart 'Stu' Porter to its Board of Directors, effective January 17. Porter, a significant investor and experienced private equity manager, is expected to contribute valuable insights for the company. He has over 30 years of experience in investment and management across multiple global markets. This change follows the resignation of director Lori Conkling, who left due to responsibilities at YouTube. Engine Gaming operates in the esports and social gaming sectors, with a diverse portfolio, and aims to enhance its strategic direction with this new appointment.

Engine Gaming and Media (NASDAQ:GAME) announced it will release its Q1 2022 financial results on January 13, 2022, after market close. The report will cover results for the period ending November 30, 2021. Following the release, a conference call is scheduled for 4:30 PM ET to discuss details. Engine Gaming operates in esports and social gaming, generating revenue through various channels including subscriptions and advertising. The company emphasizes the importance of understanding potential risks and uncertainties related to future performance.

Engine Gaming and Media (NASDAQ: GAME; TSX-V: GAME) announced its participation in the 24th Annual Needham Virtual Growth Conference from January 10-14, 2022. Management will hold one-on-one meetings with attendees. Engine specializes in esports and sports social gaming, providing analytics and marketing solutions tailored for clients. The company operates several subsidiaries including Stream Hatchet and WinView Games, focusing on gaming experiences and data services. Forward-looking statements included in the release highlight potential risks and uncertainties.

Engine Gaming and Media (NASDAQ: GAME), a leader in esports and social gaming, announced that Tom Rogers, Executive Chairman, will join a fireside chat at the ICR Virtual Conference 2022 on January 11, 2022, at 3:00 PM ET. The discussion will be hosted by Franco Granda, Research Analyst at D.A. Davidson. Participants can access the live webcast through the Investor Relations website. Engine Gaming provides comprehensive media solutions and analytics across various platforms, generating revenue through subscriptions and advertising.