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Friday, 05/17/2019 9:10:05 AM

Friday, May 17, 2019 9:10:05 AM

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$NWGI First Quarter2019 Financial Summary (comparing Q1 2019 vs. Q1 2018)

Revenue

Revenue was $9.3 million, an increase of $672,000 or 7.8%, compared to revenue of $8.6 million 2018. The revenue increase was mainly attributable to a 51.3% increase in handle partially offset by a shift in gaming mix. Unfavorable foreign exchange rates had a non-cash impact of approximately $900,000 in the quarter, and on a constant currency basis, revenue would have been $10.2 million compared to $8.6 million, an increase of 18%.
https://www.nasdaq.com/press-release/newgioco-reports-78-increase-in-first-quarter-2019-revenues-20190516-00753

Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!

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