GameSquare Q2 Revenue Hits $18.5M, EBITDA Turns Positive, Guidance Reiterated
GAME sits 80% above its 52-week low of $0.235 on elevated volume (4.5× avg).
Summary
GameSquare delivered Q2 revenue of $18.5 million, up 137% year-over-year and beating the $17.15 million consensus. Gross margin surged to 49%, driving adjusted EBITDA to a positive $1.0 million versus expectations of a $250,000 loss. The company reiterated full-year 2026 guidance of $85-$90 million in revenue and over $5 million in adjusted EBITDA. This follows preliminary revenue disclosed in June, but the actual results show stronger profitability and margin expansion. With a market cap around $40 million and shares at $0.42, the operational turnaround is material, though the pending reverse stock split to maintain Nasdaq listing remains a key risk.
At the time of this announcement, GAME was trading at $0.42 on NASDAQ in the Technology sector, with a market capitalization of approximately $40.2M. The 52-week trading range was $0.24 to $1.09. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.