Bragg Gaming Group (NASDAQ:BRAG) Releases Earnings Results

Bragg Gaming Group (NASDAQ:BRAG) announced its earnings results 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 Stock Down 2.9 %

Shares of BRAG stock opened at $4.28 on Friday. The company has a market cap of $107.18 million, a price-to-earnings ratio of -18.20 and a beta of 0.78. The firm has a 50 day moving average of $4.71 and a 200-day moving average of $4.41. Bragg Gaming Group has a 52 week low of $2.86 and a 52 week high of $7.00.

Wall Street Analyst Weigh In

BRAG has been the topic of several analyst reports. JMP Securities dropped their price target 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. Maxim Group raised their price target on shares of Bragg Gaming Group from $9.00 to $11.00 and gave the company a “buy” rating in a report on Wednesday, February 19th. Finally, Benchmark lowered shares of Bragg Gaming Group from a “strong-buy” rating to a “moderate buy” rating in a research report on Thursday, January 30th.

Bragg Gaming Group Company Profile

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.