Inspired Entertainment Reports Q3 Results Amid Revenue Decline and Revised Guidance
Inspired Entertainment (INSE) reported third-quarter revenue of $61.4 million, representing a 28.8% year-over-year decrease and missing analyst expectations by $3.76 million. Despite the revenue drop, the company improved its net loss to $0.1 million compared to a $1.9 million loss in the prior year period, while net operating income rose 6% year-over-year to $10.3 million. The company has lowered its FY2026 Adjusted EBITDA guidance to a range of $109 million–$112 million, down from previous estimates of $112 million–$118 million. This downward revision is primarily attributed to the suspension of regulated online gaming in Brazil, which presents significant regulatory headwinds for the company's growth trajectory.
Tickers: $INSE
Topics: earnings miss guidance downgrade net loss regulatory changes revenue decline