- Motorsport Games (NASDAQ:MSGM) disclosed its preliminary financial results on an unaudited basis for the quarter ending June 30, 2024.
- The company anticipates reporting net income ranging between $1.6M and $1.8M for the quarter ending June 30, 2024, compared to a net loss of $8.2M reported during the same period in the previous year.
- Net loss from operations for the quarter ending June 30, 2024 are expected to be between $1.2M and $1.4M, compared to a net loss from operations of $8.6M reported during the same period in the prior year.
- Additionally, Motorsport Games expects to report revenues for the six months ended June 30, 2024 to be between $4.7M and $4.9M, an increase from $3.5M in the comparable prior-year period.
- Source: Press Release
2024-07-10