Bragg Gaming Group (NASDAQ:BRAG) Posts Earnings Results

Bragg Gaming Group (NASDAQ:BRAG) announced its quarterly earnings data on Thursday. The company reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports. Bragg Gaming Group had a negative return on equity of 7.42% and a negative net margin of 5.33%. The firm had revenue of $28.97 million for the quarter. Bragg Gaming Group updated its FY 2025 guidance to EPS.

Bragg Gaming Group Price Performance

Shares of NASDAQ BRAG opened at $4.30 on Friday. Bragg Gaming Group has a 1-year low of $2.86 and a 1-year high of $7.00. The firm has a market capitalization of $107.68 million, a PE ratio of -17.92 and a beta of 0.78. The business’s fifty day moving average price is $4.73 and its two-hundred day moving average price is $4.40.

Analyst Ratings Changes

BRAG has been the topic of a number of recent research reports. Maxim Group raised their price target on shares of Bragg Gaming Group from $9.00 to $11.00 and gave the stock a “buy” rating in a research report on Wednesday, February 19th. JMP Securities dropped their price objective on shares of Bragg Gaming Group from $6.00 to $5.00 and set a “market outperform” rating on the stock in a research note on Monday, January 6th. Finally, Benchmark cut shares of Bragg Gaming Group from a “strong-buy” rating to a “moderate buy” rating in a report on Thursday, January 30th.

About Bragg Gaming Group

Bragg Gaming Group Inc provides business to business online gaming technology platform and casino content aggregator worldwide. The company offers a range of games, including slot, table, card, video bingo, scratch card, and virtual sports, as well as live dealer games. It also provides player account management platform, a multi-channel and cross-product that enables operators to manage the entire product suite using one shared account and one wallet for casino, lottery, sportsbook, and other operations; and Fuze, a single integrated platform that delivers third party gaming content.