Benzinga | May 17, 2021 04:03PM EDT

GAN Sees FY21 Revs $103M-$108M Vs $102.24M Est

2021 Outlook

Karen Flores, CFO added:

"Our first quarter financial results exceeded our expectations, and the outlook remains positive for the balance of 2021. We are increasing our full year revenue guidance to a range of $103 million to $108 million. As we gain scale, become more efficient, and move through a period of significant investment for growth, we anticipate to drive improved profitability. These factors will yield better operating leverage across the business over the long-term and further bolster our strong financial position as we execute our growth strategy, support new and existing customer launches and launch the B2C sports book technology later this year."