Galaxy Gaming Inc (GLXZ)
| Sector • Services Industry • Hotels & Tourism |
| Industry • Hotels & Tourism |
| Sector • Services |
Revenue have been $7.422534 million at the Galaxy Gaming Inc in the first quarter of 2023 earnings season
GLXZ delivered first quarter of 2023 operating surplus of $2.257842 million
Published 2023-05-17T13:02:21+00:00
Goran Soko / CSIMarket.com Contributer
![Allure_of_the_SeasBy_Makele-90_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons](../news/img/hotel/room_By_Shanepateman_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons.jpg "Allure_of_the_SeasBy_Makele-90_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons")
Surge in Revenue could not lift Galaxy Gaming Inc s' bottom-line, in the first quarter of 2023 financial report reached 0 at $0.00 per share, revenue jumped by 25.41 % to $7.42 million from the corresponding financial reporting period a year ago. In comparison to the prior period from $0.00 per share and revenue improved by 24.947 % from $5.94 million.
Galaxy Gaming Inc saw earnings of $0.111 million in the first quarter of 2023 earnings season an improvement versus a net shortfall of $-0.014 million in the corresponding financial reporting period a year ago. Galaxy Gaming Inc also emphasized it's improving profit margins, where net margin rose to 1.49% in first quarter of 2023 earnings season, and operating margin edged up to 30.42%.
Operating earnings, however, rose 42.08% to $2.257842 million.
Galaxy Gaming Inc is expected to report next financial earnings on August 11, 2023.