Financial News

London-listed Stride Gaming expects its results for the 2017 financial year to hit the upper end of market expectations following strong trading during the second half of its fiscal year.

The company posted revenue growth of 104 per cent to €44.0m during the first half period, boosted in part by newly acquired 8Ball Games, and said that this growth had continued in the second-half period ended August 31st.

The company also confirmed Monday that it has agreed a final earn-out consideration for 8Ball after the business achieved adjusted EBITDA of £4.2m for the financial year.

Premium subscribers continue here to the full article.