Super League Gaming (NASDAQ:SLGG) issued its earnings results on Tuesday. The company reported ($0.57) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.74) by $0.17, Fidelity Earnings reports. The company had revenue of $0.25 million during the quarter, compared to analyst estimates of $0.15 million.
Shares of SLGG stock traded up $0.05 during trading hours on Wednesday, hitting $8.65. 402 shares of the company’s 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 research firms have recently issued reports on SLGG. National Securities began coverage on shares of Super League Gaming in a research note on Monday, March 11th. They set a “buy” rating and a $15.00 price target for the company. Northland Securities reaffirmed a “buy” rating and set a $15.00 price target on shares of Super League Gaming in a research note on Thursday, April 18th. Finally, Lake Street Capital began coverage on shares of Super League Gaming in a research note on Monday, March 25th. They set a “buy” rating and a $15.00 price target for the company.
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About Super League Gaming
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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