Enlabs: First comment Q3, ATH and a strong outlook
Enlabs top-line for the third quarter was slightly below our expectations due to low sports betting activity. The growth was, however, strong with a Y/Y growth of 32% and a Q/Q growth of 7%. The main growth driver was the casino vertical with a Y/Y growth of 59% and a Q/Q growth of 8%. The company continues to improve its product, and we expect that this will have a positive effect on the coming quarters.
Enlabs also communicated that the start of the fourth quarter was strong.