Rush Street Interactive Q4 revenue up 17% to $194 million; 2024 outlook $770-$830 million
Rush Street Interactive reported fourth-quarter 2023 revenue of $193.9 million, up 17% from a year earlier, and a net loss of $5.5 million, down from $31.1 million. For the full year, revenue rose 17% to $691.2 million and the net loss narrowed to $60.1 million from $134.3 million. The company also issued 2024 guidance of $770-$830 million in revenue and $35-$45 million in Adjusted EBITDA, which shareholders can use to compare future results.
- Q4 2023 revenue was $193.9 million, up 17% from $165.5 million in Q4 2022
- Q4 2023 net loss was $5.5 million, compared with $31.1 million in Q4 2022
- Full-year 2023 Adjusted EBITDA was $8.2 million, compared with a loss of $91.8 million in 2022
- 2024 guidance: revenue of $770-$830 million and Adjusted EBITDA of $35-$45 million