Kambi share price jumps on predicted 80% Q4 revenue rise

Sports betting supplier anticipates significant revenue and EBIT increases driven by favourable sporting results

Kambi expects to nearly double its Q4 revenue year-on-year (YoY) to between €46m (£41.5m) and €48m, according to the supplier’s latest trading update. The group issued a reverse profit warning and is anticipating an annual increase in revenue of up to 80% after reporting €26.7m in Q4 2019. The sports betting supplier pointed towards “an…

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