Welcome to our dedicated page for Neogames S.A. news (Ticker: NGMS), a resource for investors and traders seeking the latest updates and insights on Neogames S.A. stock.
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 Neogames S.A.'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 Neogames S.A.'s position in the market.
NeoGames reported robust financial results for Q1 2021, achieving revenues of $13.3 million, a 46.5% increase year-over-year. Their share in NPI revenue interests saw a staggering 736.5% rise to $8.2 million, leading to total revenues of $21.5 million, up 113.9%. Net income reached $4.0 million or $0.16 per share, compared to a loss the previous year. Adjusted EBITDA hit $9.7 million, marking a 147.9% increase. Additionally, the company raised its full-year guidance to between $73 million and $77 million.
NeoGames (Nasdaq: NGMS) will disclose its Q1 2021 results on May 13, 2021, post-market. An accompanying conference call is set for May 14, 2021, at 8:30 AM ET, accessible via their investor relations website or by phone. As a leader in iLottery solutions, NeoGames combines proprietary technology with operational expertise to enhance lottery services globally, helping clients optimize revenue and support charitable causes.
NeoGames S.A. (NASDAQ: NGMS) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2020, with the SEC. This report includes audited financial statements, accessible on the SEC's website and the Company's investor relations page. Shareholders can request a hard copy of the report at no charge. As a leader in iLottery solutions, NeoGames combines proprietary technology with expertise to offer engaging online lottery games, supporting lotteries in generating revenue for good causes.
NeoGames (NGMS) reported strong financial results for 2020, with revenues of $49.2 million, a 48.8% year-over-year increase. The company's share of NPI revenues surged 387.5% to $9.5 million, contributing to a total of $58.7 million (up 67.7%). Net income stood at $0.29 per share. Adjusted EBITDA rose 141.7% to $28.7 million. NeoGames secured key contract extensions with major customers like Sazka and Michigan Lottery. For 2021, the company anticipates revenues between $65 million and $69 million.
NeoGames S.A. (Nasdaq: NGMS) announced it will release its fourth quarter and year-end 2020 results on March 10, 2021, after market close. A conference call will be held on March 11, 2021, at 8:30 am ET to discuss the results, accessible via the company's investor relations website or by dialing specified numbers. NeoGames is a provider of iLottery solutions for regulated lotteries, combining technology and experience to enhance lottery operations and contribute to good causes.
NeoGames (Nasdaq: NGMS) announced the launch of its premium eInstant games on the win2day gaming site, marking a significant expansion into the European lottery market. This partnership with Austrian Lotteries grants players access to a variety of innovative and award-winning games, enhancing their gaming experience. The CEO of NeoGames expressed excitement over this collaboration, which is expected to broaden the player base and enrich the offerings of the Austrian Lottery.
NeoGames (Nasdaq: NGMS) announces the appointment of Lisbeth McNabb as a Non-executive Director on its board, effective immediately. With extensive experience in digital platforms and financial leadership, she will also chair the audit committee and serve on the compensation and governance committees. McNabb brings a strong track record, having contributed to revenue doubling in five companies while in senior roles, including CFO of match.com. Her appointment enhances the board's strategic guidance as NeoGames expands its iLottery solutions.
NeoGames announced the successful closing of its initial public offering (IPO) on November 24, 2020, offering a total of 5,528,650 ordinary shares at a price of $17.00 each. This includes 2,987,625 shares from the company and 2,541,025 from selling shareholders, with 721,128 shares sold under the underwriters' overallotment option. The shares started trading on Nasdaq under the ticker 'NGMS' on November 19, 2020. Stifel acted as the lead bookrunner for the offering.
NeoGames S.A. (Nasdaq: NGMS) announced the pricing of its initial public offering (IPO) of 4,807,522 ordinary shares at $17.00 each. The IPO includes 2,627,061 shares offered by the company and 2,180,461 by selling shareholders. An additional 721,128 shares may be purchased by underwriters within 30 days. The shares will trade on Nasdaq under the symbol 'NGMS' starting November 19, 2020, with the offering expected to close on November 23, 2020. Stifel is the lead bookrunner, with Macquarie Capital and Truist Securities as joint bookrunners.