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Gambling.com Shares Drop 19% as 3Q Cost of Sales Rise

Por: MarketWatch Business November 16, 2023

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Total operating expenses in the quarter were up 9% to $16.6 million, an increase that was primarily driven by a higher headcount, despite a moderated pace of hiring. The company also said that after seven quarters of growth in the U.K. and Ireland, it entered a more challenging year-over-year comparison this quarter. U.K. and Ireland revenue was steady at $6.9 million, but revenue from other European nations declined by 17%, or $465,000, because... + full article



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