Super League Gaming (NASDAQ:SLGG) released its earnings results on Tuesday. The company reported ($0.57) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.74) by $0.17, Fidelity Earnings reports. The business had revenue of $0.25 million for the quarter, compared to analysts’ expectations of $0.15 million.
Super League Gaming stock traded down $0.12 during midday trading on Wednesday, reaching $8.48. 56,567 shares of the stock traded hands, compared to its average volume of 110,503. Super League Gaming has a 12 month low of $6.00 and a 12 month high of $11.55.
Several analysts recently issued reports on SLGG shares. National Securities started coverage on Super League Gaming in a research report on Monday, March 11th. They set a “buy” rating and a $15.00 target price for the company. Northland Securities reiterated a “buy” rating and set a $15.00 target price on shares of Super League Gaming in a research report on Thursday, April 18th. Finally, Lake Street Capital started coverage on Super League Gaming in a research report on Monday, March 25th. They set a “buy” rating and a $15.00 target price for the company.
Super League Gaming, Inc operates an esports community and content platform. The company through its platform connects a network of gamers, venues, and brand partners to enable local, social, and competitive esports that could be broadcasted through its platform. The company was formerly known as Nth Games, Inc and changed its name to Super League Gaming, Inc in July 2015.
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