Wednesday, June 1, 2016

Amaya Gaming Continues Growth Amid “Unexpected” EventsNO Deposit bonus $43

Amaya 2Rafi Ashkenazi, interim chief executive of Amaya, has said that the corporate was in a position to record year-on-year growth across a number of key finances through the three months through to March 31, despite having needed to deal with plenty of “unexpected challenges” within the period.

Revenue within the first quarter amounted to $288.7 million (€254.8 million), which represents a rise of 6% at the $272.3 million posted within the same period last year. Adjusted earnings before interest, tax, deprecation and amortisation (EBITDA) was up 8.7% year-on-year to $123.4 million, with net earnings from continuing operations rocketing 138.5% to $55.5 million and changed net earnings also up 26% to $85 million.

Amaya also noted that diluted earnings from continuing operations per common share hiked 141.8% to $0.28, while adjusted net earnings per diluted share increased by 27.8% to $0.43.

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