Gambling.com Shares Drop 19% as 3Q Cost of Sales Rise

News Room

By Chris Wack

Gambling.com Group shares were down 19% to $11.07 after the company said in its earnings call for third quarter that its cost of sales went up and revenue in Europe declined 17%.

The company’s finance chief, Martin Elias Mark, said cost of sales during the quarter were $2.1 million, compared with $600,000 in the same quarter…

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