Gentoo Media reported second-quarter 2026 revenue of EUR22.9 million, down 9% year-on-year, while EBITDA before special items rose 5% to EUR8.9 million with margin expanding to 39% from 34%. The company's value of deposits hit an all-time high of EUR207 million, up 6% year-over-year, and net interest-bearing debt was reduced by EUR10.6 million, improving the leverage ratio to 2.58 from 2.99. Despite a 25% quarter-over-quarter increase in player intake, revenue fell short of expectations, prompting management to revise full-year 2026 guidance downward to revenue of EUR97-100 million and adjusted EBITDA of EUR44-47 million. Group CEO Jonas Warrer attributed the miss to lower-than-expected World Cup earnings, UK tax changes, and slower-than-anticipated commercial optimization, taking responsibility for the shortfall. The company also noted that paid media EBITDA was negative due to higher operator bonuses and acquisition incentives, and it expects commercial optimization effects to materialize in Q4.
Amazon.com IncQ2 revenue fell 9% and missed expectations, prompting a downward revision of full-year 2026 guidance