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Inspired quarterly revenue hit by currency exchange movements

9th May 2017 7:32 am GMT

New York-listed gaming supplier Inspired Entertainment has reported an 8 per cent drop in revenue to $28.1m for the second quarter of its financial year ended March 31st due to negative foreign exchange movements.

The company saw adverse foreign currency movements offset growth in served-based gaming (SBG) and virtual sports products, without which revenue would have been up 9 per cent year-on-year.

This follows a 6 per cent improvement in SBG revenue and a 16 per cent improvement in [...]

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