Sports content firm Perform Group remained true to its projections in the first quarter of 2012. The company experienced year-on-year revenue growth of 45 percent to £31.4 million as every part of the business saw growth. Content distribution, which includes the Watch2Bet streaming service, increased revenue by 34 percent to £19.4 million and chief executive Mr Slipper was in a buoyant mood.
“We are very pleased to report that our strong performance has continued in the first quarter, with year on year growth across the business,” said Chief Executive Oliver Slipper. “We continue to execute against our strategy for growth, acquiring new content, expanding our geographical footprint and launching our products on new platforms, with exciting partnerships recently announced with Facebook, YouTube and LG, further improving our global reach.”
888 Holdings has seen its target price raised by Goldman Sachs from 77p to 85p following a stellar set of results last week.
Scientific Games Corporation will report their first quarter results after the market closes on May 9, 2012.