Rush Street Interactive (RSI) has released its Q2 results for FY23, showing a 15% year-on-year increase in revenue to $165.1m.
Revenue was also up 2% from $162.4m in the last quarter, but has remained steady over its last three quarters.
The company’s net loss improved both year-on-year and compared to the previous quarter. Net loss was $16.7m during the second quarter of 2023, compared to a net loss of $28.3m during the second quarter of 2022; improving by 41%.
Net loss for Q1 FY23 was $24.5m, reflecting an improvement of 32%, compared to the previous quarter.
Revenue was also up 2% from $162.4m in the last quarter, but has remained steady over its last three quarters.
The company’s net loss improved both year-on-year and compared to the previous quarter. Net loss was $16.7m during the second quarter of 2023, compared to a net loss of $28.3m during the second quarter of 2022; improving by 41%.
Net loss for Q1 FY23 was $24.5m, reflecting an improvement of 32%, compared to the previous quarter.
