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The latest update is out from Codere Online ( (CDRO) ).
Codere Online reported its unaudited interim consolidated financial results for the six months ending June 30, 2024, indicating a significant increase in revenue compared to the previous year, rising from €74,635,000 to €102,108,000. Despite this growth, the company faced a net loss of €251,000, highlighting challenges in managing operating expenses and currency translation differences, affecting overall comprehensive income.
More about Codere Online
Codere Online Luxembourg, S.A., along with its subsidiaries, operates in the online gaming and sports betting industry. The company provides digital sports betting services and online casino gaming, targeting markets across various regions.
YTD Price Performance: 130.27%
Average Trading Volume: 72,872
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $306.7M
For a thorough assessment of CDRO stock, go to TipRanks’ Stock Analysis page.
