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GameSquare Announces Preliminary Second Quarter 2024 Results and Provides Business Update
Q2 2024 revenue estimated to exceed $27 million.
Reaffirmed 2024 annual guidance with expected proforma revenue over $100 million.
Anticipated gross margin for 2024 between 22.5% and 27.5%.
Second half 2024 revenue projected between $55 and $60 million.
Expected significant improvement in profitability for the second half of 2024.
$18 million in annualized cost savings expected from the FaZe Clan acquisition.
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