EIHDF - 888 Holdings Non-GAAP EPS of 2.60p revenue of £882M; reaffirms FY23 outlook
2023-08-15 06:25:20 ET
- 888 Holdings press release ( OTCPK:EIHDF ): Q2 Non-GAAP EPS of 2.60p.
- Revenue of £882M (+165.6% Y/Y).
- Adjusted EBITDA +211% to £155.6M (H1-22: £142.5M), +9% year-on-year.
- Adjusted EBITDA margin of 17.7% (H1-22: 15.1%).
- Outlook: In line with prior guidance, the board continues to expect 2023 revenues to be lower than pro forma 2022 by a low to mid single digit percentage. The slower than anticipated recovery in the Middle East means revenues are likely to be at the mid single digit end of this range.
- The board continues to expect Adjusted EBITDA to be significantly higher year on year on a pro forma basis, with an Adjusted EBITDA margin of at least 20% for the full year
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888 Holdings Non-GAAP EPS of 2.60p, revenue of £882M; reaffirms FY23 outlook