Gfinity PLC (GFIN) Posts Quarterly Earnings Results
Gfinity PLC (LON:GFIN) posted its quarterly earnings results on Wednesday. The company reported GBX (3) (($0.04)) EPS for the quarter, Bloomberg Earnings reports. The business had revenue of £237 million for the quarter. Gfinity PLC had a negative return on equity of 187.38% and a negative net margin of 189.63%.
Shares of Gfinity PLC (LON GFIN) traded up GBX 2.75 ($0.04) during mid-day trading on Friday, hitting GBX 26 ($0.34). 824,642 shares of the stock were exchanged, compared to its average volume of 293,501. Gfinity PLC has a 1 year low of GBX 11.55 ($0.15) and a 1 year high of GBX 36 ($0.47).
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About Gfinity PLC
Gfinity plc is a United Kingdom-based company, which is engaged in e-sports business. The Company is a provider and broadcaster of e-Sports competitions; both off-line events typically staged from the United Kingdom’s e-Sports arena in Fulham, London and online events hosted on Gfinity.net. It is a provider of complete end-to-end e-Sports solutions, including the bespoke Tournament Builder Application, which is for Xbox One users, allowing e-Sports users to create and manage their own e-Sports competitions; Gfinity TV, which is the Company’s own online television Player, giving the viewers control over their viewing experience, and Gfinity Tournament Client for personal computers (PC), which provides anti-cheat technology and also provides matchmaking and tournament entry for users.
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