{"id":526914,"date":"2021-08-11T16:19:10","date_gmt":"2021-08-11T20:19:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/neogames-announces-second-quarter-2021-results\/"},"modified":"2021-08-11T16:19:10","modified_gmt":"2021-08-11T20:19:10","slug":"neogames-announces-second-quarter-2021-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/neogames-announces-second-quarter-2021-results\/","title":{"rendered":"NeoGames Announces Second Quarter 2021 Results"},"content":{"rendered":"
\n

\n \u2013 <\/em>
\n Second Quarter Revenues of $12.9 Million (<\/em>
\n down <\/em>
\n 0.6% <\/em>
\n yoy<\/em>
\n ) And Share in NPI Revenue Interests of $8.5 Million (up 434% <\/em>
\n yoy<\/em>
\n ) totaling $21.4 Million (up 47.<\/em>
\n 0<\/em>
\n % <\/em>
\n yoy<\/em>
\n ) \u2013<\/em>\n <\/p>\n

\n \u2013 Second Quarter Net Income of $0.11 Per <\/em>
\n Share \u2013<\/em>\n <\/p>\n

\n \u2013 Second Quarter Adjusted EBITDA<\/em>
\n 1<\/sup>
\n of $8.3 Million (up 6.6% <\/em>
\n yoy<\/em>
\n ) \u2013<\/em>\n <\/p>\n

\n \u2013 <\/em>
\n R<\/em>
\n aises <\/em>
\n Full Year<\/em>
\n 2021 Revenue<\/em>
\n and Share in NPI Revenues Interest<\/em>
\n Guidance <\/em>
\n to<\/em>
\n between <\/em>
\n $<\/em>
\n 7<\/em>
\n 5<\/em>
\n and <\/em>
\n $<\/em>
\n 7<\/em>
\n 9<\/em>
\n Million<\/em>
\n \u2013<\/em>\n <\/p>\n

LUXEMBOURG, Aug. 11, 2021 (GLOBE NEWSWIRE) — NeoGames S.A. (Nasdaq: NGMS) (\u201cNeoGames\u201d or the “Company”), a technology-driven provider of end-to-end iLottery solutions, announced today financial results for the second quarter ended June 30, 2021.<\/p>\n

Moti Malul, Chief Executive Officer of NeoGames, said: \u201cWe are increasingly encouraged by the performance and development of the various markets and customers we support, notwithstanding expected seasonal impacts during the quarter. In particular, this quarter has seen continued strong growth in Alberta, where new gaming verticals were added, as well as further expansion of our games content into new markets and customers with contracts in Ukraine and Italy, which prove the market leading position of our offering.\u201d<\/p>\n

\u201cOur substantial growth and strong performance over the past year gives us confidence that we are well positioned to maintain our position as the premier innovator and provider of iLottery solutions to the global lottery industry. As we continue to prove the effectiveness of our offering in engaging and maintaining players as well as enabling state and local governments to generate more revenue they can deploy for public benefit. We are proud and honored that our achievements are recognized by the industry, demonstrated by our recent win of the EGR B2B Awards as the Best Lottery Supplier for 2021. We are confident that we will continue to be the first choice for both full-service offerings and content relationships as additional jurisdictions see the value iLottery can offer.\u201d<\/p>\n

\n Second <\/strong>
\n Quarter <\/strong>
\n 202<\/strong>
\n 1<\/strong>
\n Financial Highlights <\/strong>\n <\/p>\n