Motorsport Games (NASDAQ:MSGM) Posts Quarterly Earnings Results

Motorsport Games (NASDAQ:MSGM) issued its quarterly earnings data on Friday. The company reported $0.33 earnings per share (EPS) for the quarter, Zacks reports. Motorsport Games had a return on equity of 215.50% and a net margin of 52.74%. The company had revenue of $1.76 million for the quarter.

Motorsport Games Trading Up 6.5 %

Shares of MSGM opened at $2.47 on Friday. Motorsport Games has a 12-month low of $0.73 and a 12-month high of $3.20. The company has a market cap of $9.32 million, a PE ratio of 1.52 and a beta of 1.80. The stock has a 50-day moving average price of $1.55 and a 200-day moving average price of $1.37.

Motorsport Games Company Profile

Motorsport Games Inc develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers rFactor 2, a realistic racing simulation game; NASCAR Heat Mobile, a racing experience for mobile devices; NASCAR Heat 3, NASCAR Heat 4, NASCAR Heat 5, NASCAR Heat Ultimate Edition, and NASCAR 21: Ignition, which are racing video games; KartKraft, a kart racing simulator; NASCAR Rivals, a racing video game; and Le Mans Ultimate, a official game of the FIA World Endurance Championship and 24 Hours of Le Mans.