Ainsworth Game Technology Limited (AU:AGI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ainsworth Game Technology anticipates a profit before tax between $8 million and $10 million for the second half of 2024, driven by a 12% revenue growth, despite challenges in digital segments and reduced gross margins. The company maintains strong cost control measures and looks forward to continued growth with new game releases. A recent cybersecurity incident is under investigation but is not expected to impact the financial forecast.
For further insights into AU:AGI stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- M&A News: Paramount (PARA) Turned Down Apollo Global Management Seven Times
- Ford (NYSE:F) Calls for EV Incentives in the United Kingdom
- Intel’s (NASDAQ:INTC) $8B Payout Catches Workers’ Attention
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
