Rush Street Interactive Shares Surge on Stellar Earnings Report

Rush Street Interactive Registered (A) shares are experiencing a dramatic upward movement following the release of exceptionally strong quarterly results. The online gaming operator surpassed all market forecasts and significantly raised its full-year guidance, triggering a powerful response from investors.

The company’s latest financial report reveals substantial growth across key metrics. Revenue advanced by 20% to reach $277.9 million, comfortably exceeding analyst projections. Even more impressive was the profit performance, with net margins showing marked improvement. The company posted adjusted EBITDA of $36.0 million, representing a 54% increase.

Key performance indicators demonstrate robust operational strength:
* Adjusted earnings per share: $0.09 (versus $0.07 expected)
* Monthly active users in US/Canada: 225,000, a 34% increase
* North American Read more...