Inspired(INSE)

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Inspired Entertainment Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-03-14 05:29
Financial Results - Inspired Entertainment, Inc. is set to release its fourth-quarter financial results on March 17, with expected earnings of 15 cents per share, a decrease from 17 cents per share in the previous year [1] - The projected quarterly revenue is $79.19 million, down from $81.2 million a year earlier [1] Partnership Expansion - On March 10, Inspired Entertainment announced an expansion of its partnership with Rush Street Interactive, Inc. [2] - Following the announcement, Inspired Entertainment shares fell by 6.4%, closing at $8.03 [2] Analyst Ratings - JMP Securities analyst David Scharf has a Market Outperform rating with a price target of $14, with an accuracy rate of 66% [3] - B. Riley Securities analyst David Bain reinstated a Buy rating with a price target of $21, achieving an accuracy rate of 65% [3] - Truist Securities analyst Barry Jonas maintained a Buy rating but reduced the price target from $21 to $19, also with an accuracy rate of 65% [3]
Inspired Expands Global Partnership with Rush Street Interactive via RushBet in Mexico, Colombia, Peru and BetRivers in the U.S. State of Delaware
GlobeNewswire· 2025-03-10 12:30
Core Insights - Inspired Entertainment, Inc. has expanded its partnership with Rush Street Interactive, Inc. to introduce iGaming content to new markets including Mexico, Colombia, Peru, and Delaware, building on previous successes in New Jersey, Michigan, and Pennsylvania [1][2][3] Company Overview - Inspired Entertainment is a leading B2B provider of gaming content, technology, hardware, and services, operating in approximately 35 jurisdictions worldwide [4] - The company supplies gaming systems and associated terminals for around 50,000 gaming machines and offers virtual sports products through more than 32,000 retail venues [4] - Inspired's digital games are available on over 170 websites, and it has a total installed base of more than 16,000 terminals for amusement entertainment solutions [4] Partnership Details - The iGaming content will be launched through RSI's RushBet platform in Mexico, Colombia, and Peru, and the BetRivers platform in Delaware [2] - Both companies express optimism about the partnership, highlighting the potential for success in the expanding gaming landscape [3]
Inspired to Provide Virtual Sports via the Altenar Sportsbook
GlobeNewswire· 2025-03-07 13:30
Core Insights - Inspired Entertainment, Inc. has announced a partnership with Altenar to integrate its Virtual Sports products into Altenar's sportsbook platform, marking the first time this content will be available to Altenar's customers [1][3] - Altenar is expanding its presence in South America, including countries like Peru and Brazil, and is known for providing a range of services from software-only solutions to fully managed sportsbooks [2][6] Company Overview - Inspired Entertainment offers a diverse portfolio of gaming content, technology, hardware, and services for regulated gaming and betting operators across various channels globally, operating in approximately 35 jurisdictions [5] - The company supplies gaming systems for around 50,000 gaming machines and virtual sports products through over 32,000 retail venues and various online platforms [5] - Inspired's Virtual Sports products are popular worldwide, available through more than 40,000 retail channels and 100+ websites in 35 countries [4] Partnership Details - The partnership aims to enhance Altenar's sportsbook services by integrating Inspired's award-winning Virtual Sports technology, which is expected to open new revenue streams for operators [3][4] - Altenar's Director of Operations expressed excitement about the collaboration, highlighting the versatility of their platform and the enhancement of their sportsbook offerings with Inspired's technology [4]
Inspired to Report Fourth Quarter and Fiscal Year 2024 Results and Hold Conference Call on March 17
GlobeNewswire· 2025-03-03 13:30
Core Viewpoint - Inspired Entertainment, Inc. will report its financial results for Q4 and the fiscal year ended December 31, 2024, on March 17, 2025, before market opening, followed by a conference call to discuss results and business trends [1]. Group 1: Financial Reporting - The financial results will be announced on March 17, 2025, before the market opens [1]. - A conference call and webcast will be held at 8:30 a.m. ET / 12:30 p.m. GMT to discuss the results [1]. Group 2: Company Overview - Inspired Entertainment is a leading B2B provider of gaming content, technology, hardware, and services [1]. - The company operates in approximately 35 jurisdictions worldwide, supplying gaming systems and content for around 50,000 gaming machines [4]. - Inspired offers a diverse portfolio that includes gaming, Virtual Sports, interactive products, and leisure solutions, appealing to a wide variety of players [4].
Inspired Entertainment (INSE) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2025-02-11 14:50
Core Viewpoint - Momentum investing focuses on "buying high and selling higher" rather than the traditional "buying low and selling high" approach, aiming for quicker profits [1] Group 1: Momentum Investing Characteristics - Fast-moving trending stocks can be difficult to enter at the right time, as they may lose momentum if future growth does not justify their high valuations [2] - Investing in bargain stocks that have recently shown price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify potential opportunities [3] Group 2: Case Study - Inspired Entertainment (INSE) - Inspired Entertainment (INSE) has shown a four-week price change of 16.6%, indicating strong investor interest [4] - INSE has gained 2% over the past 12 weeks and has a beta of 1.4, suggesting it moves 40% more than the market in either direction [5] - The stock has a Momentum Score of B, indicating a favorable time to invest [6] - INSE has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investors [7] - The stock is trading at a Price-to-Sales ratio of 0.92, suggesting it is undervalued at 92 cents for each dollar of sales [7] Group 3: Additional Opportunities - Besides INSE, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]
Inspired Entertainment Announces Long-Term Contract Extension with Moto Hospitality
Newsfilter· 2025-02-10 13:30
Core Insights - Inspired Entertainment, Inc. has announced an early extension of its partnership with Moto Hospitality for an additional five years, marking a significant milestone in their collaboration [1][2] - The extension will see Inspired enhance Moto's offerings by introducing the Vantage B3 terminal, which will replace the existing Flex cabinets, aimed at fostering growth and improving service delivery [2][3] Company Overview - Inspired Entertainment provides a diverse portfolio of gaming content, technology, hardware, and services for regulated gaming, betting, lottery, social, and leisure operators globally [4] - The company operates in approximately 35 jurisdictions, supplying gaming systems and associated terminals for around 50,000 gaming machines, virtual sports products through over 32,000 retail venues, and digital games for more than 170 websites [4]
Inspired Unveils New, Hybrid Dealer Game, Hardware, Content, Mechanics and Licensed Products at ICE 2025 in Barcelona
Newsfilter· 2025-01-20 13:30
Core Insights - Inspired Entertainment, Inc. is showcasing its latest gaming products and solutions at the ICE tradeshow in Barcelona from January 20-22, 2025 [1] - The company emphasizes its commitment to innovation in gaming content and technology, particularly through its Hybrid Dealer and Vantage Slant offerings [2][4] Group 1: Hybrid Dealer Innovations - The Hybrid Dealer® is a new category created by the company, providing branded table and gameshow content for online play, addressing challenges associated with live dealer products [2] - Inspired is launching Roulette 4 Ball Extra Bet™, enhancing player engagement and operator portfolios through advanced technology [3] Group 2: Vantage Slant Cabinet - The Vantage Slant™ cabinet combines performance and compliance in a compact design, featuring immersive sound and twin 32" HD screens [4] - It includes next-generation menu capabilities with smart search and a game recommendation engine for improved player experience [5] Group 3: iGaming Content Expansion - Inspired is presenting a lineup of interactive content, including classics like Gold Cash Free Spins™ and recent hits like Cops 'n' Robbers Bigger Big Money™ [6] - Upcoming titles such as Reel King Big Money™ and seasonal highlights are also being showcased, aligning with the horse racing season [6] Group 4: Virtual Sports Developments - The company is highlighting its new partnership with the NHL, resulting in the first branded virtual Hockey product, alongside an updated NFL Virtual Sports product [7] Group 5: Community Gaming Experience - The Astra B3 Community Party £500™ is being introduced, featuring familiar game titles and a unique community feature called Tombola [8] Group 6: Company Overview - Inspired operates in approximately 35 jurisdictions worldwide, supplying gaming systems and content for around 50,000 gaming machines and virtual sports products through over 32,000 retail venues [11]
Here Is Why Bargain Hunters Would Love Fast-paced Mover Inspired Entertainment (INSE)
ZACKS· 2025-01-17 14:52
Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential, leading to potential losses for investors [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Case Study - Inspired Entertainment (INSE) - Inspired Entertainment (INSE) has shown a four-week price change of 9%, indicating strong investor interest and recent price momentum [4] - INSE has gained 2.9% over the past 12 weeks, with a beta of 1.4, suggesting it moves 40% more than the market in either direction, indicating fast-paced momentum [5] - INSE holds a Momentum Score of A, suggesting it is an opportune time to invest in the stock for potential gains [6] Group 3: Earnings Estimates and Valuation - INSE has a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investor interest and drive stock prices higher [7] - The stock is currently trading at a Price-to-Sales ratio of 0.83, indicating it is undervalued, as investors pay only 83 cents for each dollar of sales [7] Group 4: Additional Opportunities - Besides INSE, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies to help identify winning stock picks based on various investing styles [9]
INSPIRED ENTERTAINMENT ALERT: Bragar Eagel & Squire, P.C. is Investigating Inspired Entertainment, Inc. on Behalf of Inspired Entertainment Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-01-08 02:00
Core Viewpoint - Inspired Entertainment, Inc. is under investigation for potential violations of federal securities laws and unlawful business practices following the discovery of accounting errors in its financial statements dating back to January 1, 2021 [1][2]. Financial Reporting Issues - On November 8, 2023, Inspired Entertainment announced accounting errors related to the capitalization of software development costs under U.S. GAAP standards, necessitating a restatement of financial results [2]. - The company delayed the release of its third-quarter 2023 financial results to address these issues, and the Audit Committee determined that financial statements from January 1, 2021, onwards should no longer be relied upon [2]. Market Reaction - Following the announcement of the accounting errors, Inspired Entertainment's share price fell by $3.07, or approximately 29.52%, from $10.40 per share on November 8, 2023, to close at $7.33 on November 9, 2023 [3].
Inspired Entertainment Partners with bet365 to Launch Revolutionary Hybrid Dealer Roulette Game
GlobeNewswire· 2025-01-06 13:30
Core Viewpoint - Inspired Entertainment, Inc. has partnered with bet365 to launch the Hybrid Dealer Roulette game in the UK, marking a significant innovation in online gaming [1][4]. Group 1: Product Overview - Hybrid Dealer Roulette is a new online gaming product that combines casino and gameshow elements, designed to provide a live casino experience without the challenges of traditional live-dealer games [2]. - The game features high-quality Virtual CGI and pre-recorded real-life hosts, with a countdown timer for placing bets, ensuring all players see the same results simultaneously [2][3]. - This game is the second in the Hybrid Dealer series, showcasing advanced technology that allows for a realistic gaming experience without the need for dedicated studios and staffing [4]. Group 2: Market Position and Strategy - Inspired operates in approximately 35 jurisdictions worldwide, supplying gaming systems and content for around 50,000 gaming machines and virtual sports products through over 32,000 retail venues [5]. - The partnership with bet365 is aimed at enhancing the online casino experience, reflecting the company's commitment to innovation and player engagement [4][7]. - bet365 employs over 9,000 staff globally and offers a diverse range of gaming options, indicating a strong market presence and a focus on player satisfaction [7].