Gambling.com Group Triumphs with Soaring Q2 Earnings – TipRanks.com

Gambling.com (GAMB) has released an update.

Gambling.com Group has reported a strong performance for the second quarter of 2024, with an 18% increase in revenue reaching a record $30.5 million and net income soaring to $6.9 million. The company, a leading digital marketing service provider for the online gambling industry, also raised its full-year guidance for revenue and Adjusted EBITDA, reflecting robust growth and operational efficiency. This financial success is further underscored by significant share repurchases, signaling the company’s confidence in its ongoing business strategy.

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