NEW YORK (AP) _ Inspired Entertainment, Inc. (INSE) on Tuesday reported first-quarter net income of $1.5 million, after reporting a loss in the same period a year earlier.
The New York-based company said it had net income of 5 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 10 cents per share.
The company posted revenue of $60.6 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $56.2 million.
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