- Engine Gaming and Media press release ( NASDAQ: GAME ): Q1 net Loss in the fiscal first quarter improved 64.7% to $5.4M, compared to a net loss of $15.2M in the fiscal fourth quarter of 2022
- Revenue of $10.3M (-10.4% Q/Q) in-line.
- Adjusted EBITDA was -$2.7M for the fiscal first quarter, an improvement of 32.5% when compared to -$4.0M in the fiscal fourth quarter of 2022, and when compared to the same year-ago quarter Adjusted EBITDA improved 17.5%.
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At November 30, 2022, the company had cash of $6.9M.
For further details see:
Engine Gaming and Media reports Q1 results