World Cup Kicks 500.com Earnings For A Goal

By | August 11, 2014

Scalper1 News

The FIFA World Cup helped 500.com (WBAI) score as profits and user numbers were kicked up several notches in the company’s second quarter. The sports lottery site reported non-GAAP earnings per American Depositary Share of 37 cents, handily beating views for 17 cents a share. Total purchase amount reached $337.4 million, up 199% from a year earlier, or 98% from Q1 ’14. Net revenue soared to $25.2 million vs. analyst estimates for $18.6 million. Scalper1 News

Scalper1 News