Super League Enterprise reports Q3 EPS (54c), consensus (28c)

Reports Q3 revenue $4.43M, consensus $6.81M. The company said, “During the third quarter, while revenue remained relatively flat, we are pleased with our continued march toward profitability illustrated by a 30% proforma operating expense reduction relative to the same quarter prior year and 27% proforma net loss reduction for the same time period. We also entered a transformative binding agreement with Infinite Reality to merge dynamic, world-class audience assets, and now stand at the precipice of a game-changing transaction that we anticipate will transform us into a “new company” come January 1st, fueled by a more diverse portfolio of assets and a significant strategic investment providing for a strong balance sheet.”