Welcome to our dedicated page for GAMESQUARE HLDGS news (Ticker: GAME), a resource for investors and traders seeking the latest updates and insights on GAMESQUARE HLDGS stock.
GameSquare Holdings Inc. (NASDAQ:GAME) operates at the intersection of gaming, esports, and digital media, connecting global brands with youth audiences through innovative marketing and immersive experiences. This news hub provides investors and industry observers with comprehensive access to the company's latest developments and strategic initiatives.
Track official press releases, financial updates, and market analysis in one centralized location. Our curated collection ensures you stay informed about earnings reports, strategic partnerships, product launches, and industry leadership without needing to search multiple sources.
Key updates include corporate announcements, operational milestones, and insights into GameSquare's evolving role in shaping digital brand engagement. The platform serves both casual followers and professional analysts seeking to understand the company's impact on gaming culture and interactive entertainment trends.
Bookmark this page for real-time updates on GameSquare's progress in leveraging cutting-edge technologies and creative solutions to redefine modern marketing. Visit regularly to maintain your competitive edge in tracking this dynamic player in the digital media landscape.
Engine Gaming and Media has announced the resignation of Hank Ratner from its Board of Directors, effective immediately. Ratner, a board member since July 2020, is stepping down to pursue other interests, citing the recent cash infusion from an asset sale as a favorable time for his departure. Executive Chairman Tom Rogers expressed appreciation for Ratner's contributions during his tenure. Engine continues to operate under the ticker symbol GAME, with a diverse portfolio of subsidiaries focused on gaming, analytics, and media solutions.
Engine Gaming and Media, Inc. (NASDAQ: GAME) reported a 20% revenue increase to $9.3 million for fiscal Q2 2022, up from $7.7 million in the previous year. Operating expenses decreased by 39.3% to $16.9 million, resulting in a net loss improvement to $6.7 million from $21.3 million a year earlier. The company fortified its balance sheet through the $15.3 million sale of Eden Games. Management aims to reach cash flow breakeven by fiscal 2023, leveraging growth in advertising and SaaS revenue, which contributed to a promising 47% revenue increase in the first half of fiscal 2022.
Engine Gaming and Media, Inc. (NASDAQ:GAME) announced that it will release its Q2 2022 financial results on April 14, 2022, after market close. The conference call is scheduled for 4:15 p.m. Eastern Time that same day, where the company will discuss the results in detail. Participants can join the call using the provided dial-in information. The company, which specializes in data-driven gaming, media, and influencer marketing, aims to provide an informative overview for investors and stakeholders.
Engine Gaming and Media (NASDAQ:GAME) has finalized the sale of its Eden Games subsidiary to Animoca Brands for USD $16 million (CAD $20 million). This transaction involves a cash consideration of approximately USD $15.3 million (CAD $19.2 million) for its 96% stake in Eden Games. The sale aims to strengthen Engine's balance sheet and reduce future cash burn by implementing cost-cutting measures, particularly in its B2C gaming segment. The company anticipates improved growth opportunities while avoiding shareholder dilution through this non-dilutive capital raise.
Engine Gaming and Media (NASDAQ: GAME) plans to release its financial results for Q2 2022, ended February 28, 2022, after market close on April 14, 2022. A conference call will follow at 5:00 PM ET to discuss these results. Engine specializes in esports and social gaming, providing tailored marketing and data analytics solutions. Its subsidiaries include well-known entities such as Stream Hatchet and UMG, generating revenue through direct-to-consumer services, programmatic advertising, and sponsorships.
Engine Gaming & Media Holdings, Inc. (NASDAQ: GAME) announced the upcoming exclusive release of Gear.Club Stradale for Apple Arcade during Apple's Peek Performance event on March 8, 2022. This new installment, developed by its subsidiary Eden Games, promises enhanced graphics and an immersive driving experience. Notably, the Gear.Club franchise has surpassed 1 million units sold on Nintendo Switch and has been released on Xbox Series X and PlayStation 5, showcasing Eden's strength in premium racing games.
Engine Gaming and Media has announced the launch of the Lady Spartan Pro Series (LSPS), a $20,000 esports tournament aimed at empowering female players in the Halo community. The series will feature five tournaments, with the first tournament starting March 5, 2022. UMG Gaming, a subsidiary of Engine, has partnered with brands like Goodr and Madrinas Coffee to support the initiative. The final will take place on May 21-22, showcasing the top eight teams based on pro points. The event aims to create a non-toxic environment for female gamers to thrive.
Engine Gaming and Media (NASDAQ:GAME) announced a multi-year extension with HyperX for influencer marketing and social commerce services through its subsidiary, Sideqik. This partnership will enhance HyperX's marketing strategies by leveraging Sideqik's technology for influencer discovery and sales tracking across social platforms. HyperX has praised Sideqik for its custom solutions and effective influencer analysis, indicating the strong impact of this relationship on their brand growth.
Engine Gaming and Media (NASDAQ: GAME) reported a 92% year-over-year revenue increase in FY Q1’2022, reaching
Engine Gaming and Media has appointed Stuart 'Stu' Porter to its Board of Directors, effective January 17. Porter, a significant investor and experienced private equity manager, is expected to contribute valuable insights for the company. He has over 30 years of experience in investment and management across multiple global markets. This change follows the resignation of director Lori Conkling, who left due to responsibilities at YouTube. Engine Gaming operates in the esports and social gaming sectors, with a diverse portfolio, and aims to enhance its strategic direction with this new appointment.
