Gamesquare holdings reports record 2024 second quarter results
Q2 2024 proforma revenue increased 24% yoy and expanded 22% qoq to a quarterly record of $28.6 million, reflecting value of operating enhanced platform and success of growth initiatives q2 2024 proforma adjusted ebitda loss improves significantly yoy and qoq to $5.4 million, demonstrating benefits of growth strategies and cost reduction initiatives $2.5 million sequential improvement in proforma adjusted ebitda, supports efforts to reach profitability by the fourth quarter of 2024 as the company expects further revenue growth, higher gross margin and additional operating cost reductions to benefit q3 and q4 results frisco, tx / accesswire / august 14, 2024 / gamesquare holdings, inc. (nasdaq:game), ("gamesquare", or the "company"), today announced its financial results for the three and six-months ended june 30, 2024. justin kenna, ceo of gamesquare, stated, "gamesquare delivered strong growth and record quarterly revenue, demonstrating the benefits of the next generation media platform we have created.
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