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Kambi shares hit new 52-week high on strong Q4 performance

7th January 2021 10:35 am GMT
Kambi

Shares in sportsbook technology provider Kambi Group rose by more than 8 per cent in Stockholm Thursday as the company reported a better-than-expected performance in the final quarter of 2020.

Kambi reported a particularly strong operator trading margin in Q4, which coupled with continued momentum in operator turnover is expected to deliver revenue in the range of €46m to €48m for the quarter, an increase of between 72 per cent and 80 per cent compared to [...]

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