By Kyle Morris
XLMedia PLC mentioned Tuesday that it expects to report 2022 outcomes consistent with expectations after a robust efficiency from its sports activities and gaming operations.
The digital-media firm mentioned in a buying and selling replace that income is seen round $73.7 million in contrast with $66.5 million a yr prior and adjusted earnings earlier than curiosity, taxes, depreciation and amortization is anticipated within the vary of $16.1 million to $16.6 million.
Income from sports activities benefited from the legalization of on-line sports activities betting in New York in January and Maryland in November, it mentioned.
Shares within the firm at 0811 GMT have been up 0.75 pence, or 4.9%, at 16.00 pence.
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