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0.0242990654205609 0.0392523364485983 0.0392523364485983 0.0392523364485983 0.0392523364485983 0.091588785046729 0.114018691588785 0.114018691588785
Stock impact report

Galaxy Gaming Reports Q1 2024 Financial Results

GALAXY GAMING INC (GLXZ) 
NASDAQ:AMEX Investor Relations: ir.galaxygaming.com
Company Research Source: GlobeNewswire
LAS VEGAS, May 13, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming content, announced today its financial results for the quarter ended March 31, 2024. Financial Highlights Q1 2024 vs. Q1 2023 Revenue (net) increased 8% to $8,001K, a record Revenue (gross) increased 18% to $9,660K, a record Net income increased 89% to $209KEBITDA increased 7% to $3,009K Adjusted EBITDA increased 3% to $3,171K Balance Sheet Changes (vs. December 31, 2023) Cash increased 5% to $17,487KTotal long-term debt1 (gross) decreased to $58,187K from $58,431KStockholders’ deficit decreased to $(17,899)K from $(18,243)K Executive Comments “The first quarter of 2024 showed continued growth at the top and bottom lines,” said Matt Reback, President and CEO. “Both gross and net revenue were records, and by significant margins.   And our Adjusted EBITDA was just shy o Show less Read more
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