STOCK TITAN

GameSquare Holdings, Inc. - GAME STOCK NEWS

Welcome to our dedicated page for GameSquare Holdings news (Ticker: GAME), a resource for investors and traders seeking the latest updates and insights on GameSquare Holdings stock.

GameSquare Holdings, Inc. (NASDAQ: GAME) is an innovative, vertically integrated digital media, entertainment, and technology company connecting global brands with gaming and youth culture audiences. Through its comprehensive platform, GameSquare offers an array of services including marketing and creative functions, data and analytics solutions, and widespread brand amplification efforts, primarily through FaZe Clan—one of the most iconic gaming organizations worldwide.

The company's subsidiaries include Gaming Community Network (GCN), Swingman LLC (dba Zoned), and Code Red Esports Ltd., which collectively span across pivotal markets in the United Kingdom, the USA, and Spain. The company's operations generate most of their revenue within the USA and encompass diverse revenue streams from teams, agency services, and SaaS plus advertising.

In recent years, GameSquare has made significant strides in expanding its portfolio and optimizing its business model. Notable achievements include the acquisition of FaZe Clan, a trailblazer in the gaming and esports industry, and Engine Gaming, resulting in substantial revenue growth and brand synergy. Their association with high-profile brands like Porsche, McDonald's, and Nike, among others, has cemented their influence in the media and gaming domains.

GameSquare's mission is to bridge the gap between brands and the elusive Gen Z, Gen Alpha, and Millennial demographics. They endeavor to deliver award-winning marketing and creative services, utilizing their robust platform to enhance brand awareness and drive impactful outcomes for creators. With Dallas Cowboys owner Jerry Jones and the Goff family as their largest investors, GameSquare continues to revolutionize the landscape of digital media and immersive entertainment.

Among their recent successes, FaZe Clan's product line, including the best-selling FaZe Pop energy drink, has demonstrated significant market penetration and revenue generation, achieving over $75 million in co-branded product revenue. Partnerships with leading brands have further enhanced FaZe Clan's global reach and influence.

GameSquare's financial health reflects positive growth, with an 85% year-over-year revenue increase, driven by both organic growth and strategic acquisitions. The company remains focused on executing its growth strategy, optimizing operations, and enhancing shareholder value.

Stay updated with the latest news and developments by visiting GameSquare's website and following them on social media platforms.

Rhea-AI Summary
GameSquare Holdings, Inc. (NASDAQ:GAME) (TSXV:GAME) has announced multiple new performance marketing contracts, including one of the largest contracts in the company's history. The management expects performance marketing sales to contribute over $10 million in annual revenue in 2024, an increase of at least 5x from expected sales in 2023. The company also expects a performance marketing gross margin of 30% - 35%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.45%
Tags
none
-
Rhea-AI Summary
GameSquare Holdings, Inc. announced a 58% year-over-year increase in third-quarter revenue to $16 million, with strong organic growth and accelerating sales expected in the fourth quarter and 2024. The company completed the Engine Gaming acquisition and plans to acquire FaZe Clan, aiming to create a modern platform connecting global brands with gaming and youth audiences. The company also reported significant revenue synergies and cost savings from the acquisitions. GameSquare's financial results showed a net loss of $5.1 million for the third quarter and $13.5 million for the nine months ending September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.88%
Tags
-
Rhea-AI Summary
GameSquare Holdings, Inc. (NASDAQ:GAME)(TSXV:GAME) announces the acquisition of Frankly Media LLC subsidiary's radio business assets by SoCast, Inc. for US$4 million, with US$3 million upon closing and up to an additional US$1 million based on future revenue. The transaction supports GameSquare's focus on marketing technology capabilities and cost structure enhancement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.14%
Tags
none
Rhea-AI Summary
GameSquare Holdings, Inc. (NASDAQ:GAME)(TSXV:GAME) to report Q3 2023 financial results on November 15, 2023. Livestream hosted by CEO Justin Kenna and joined by CIO and global gaming superstar Tyler 'Ninja' Blevins. The first-ever public company earnings livestream on Twitch. Shareholders, investors, fans, and media encouraged to join via https://twitch.tv/Ninja on November 15, 2023, at 5:00 pm ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.05%
Tags
-
Rhea-AI Summary
Stream Hatchet, a subsidiary of GameSquare Holdings, has released its esports Live-Streaming Trends Report for Q3 2023. The report reveals that Q3 generated 7.6 billion hours watched across all platforms, with Twitch leading the charge in viewership. Twitch attracted 53% of the esports audience, while YouTube Gaming attracted 40%. The new platform Kick generated 263 million hours watched, surpassing AfreecaTV and Facebook. Facebook Live viewership declined by 39% and is now the 5th most popular platform. Creator-driven events like ibai's La Velada del Año and Squeezie's Formula 4 were highly successful. CEO of GameSquare, Justin Kenna, emphasizes the major market opportunity in esports live-streaming.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.26%
Tags
earnings covid-19
-
Rhea-AI Summary
Complexity Gaming announces Cozy Clash, a new tournament for the North American Game Changers scene, powered by Lenovo. The tournament will have top-tier competition and a $40,000 USD prize pool. The finale will be held at the Lenovo Legion Esports Center in Frisco, Texas. Complexity Gaming will transform its headquarters into a cozy winter wonderland for the event. The tournament is part of the Riot Games OFF//SEASON program and the final VALORANT event of the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.42%
Tags
none
Rhea-AI Summary
Camarena Tequila partners with gaming superstar Ninja for the Camarena Happy Hour series, bringing together gaming, tequila, and soccer. The partnership will feature big-name soccer gamers, EA FC 24 matches, and exciting prizes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.39%
Tags
none
-
Rhea-AI Summary
GameSquare Holdings, Inc. is set to acquire FaZe Clan in an all-stock transaction, creating a leading content, media, and entertainment company focused on gaming, esports, and youth culture. The combined company will have over 1 billion social followers and expects to achieve over $18 million in cost savings. FaZe Clan's founders will return to lead the brand and reestablish authenticity. The transaction is expected to close in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.59%
Tags
-
Rhea-AI Summary
GameSquare Holdings, Inc. announces multiple renewal and new contracts for its performance marketing capabilities, expecting over $2 million in annual revenue in 2023 and projecting $8 to $10 million in annual revenue in 2024. Gross margin on performance marketing initiatives expected to be between 25% and 30% of sales.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.81%
Tags
none
Rhea-AI Summary
GameSquare Holdings secures $10M working capital line of credit with SLR Capital Partners
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.35%
Tags
none

FAQ

What is the current stock price of GameSquare Holdings (GAME)?

The current stock price of GameSquare Holdings (GAME) is $0.781 as of December 20, 2024.

What is the market cap of GameSquare Holdings (GAME)?

The market cap of GameSquare Holdings (GAME) is approximately 26.5M.

What does GameSquare Holdings, Inc. do?

GameSquare Holdings, Inc. is a digital media, entertainment, and technology company that connects global brands with gaming and youth culture audiences through various services including marketing, data analytics, and brand amplification.

Where does GameSquare generate most of its revenue?

GameSquare generates the majority of its revenue from the USA.

What are some of GameSquare's notable achievements?

GameSquare's notable achievements include acquiring FaZe Clan and Engine Gaming, significantly increasing revenue, and forming key partnerships with brands like Porsche and McDonald's.

Who are GameSquare's largest investors?

GameSquare's largest investors are Jerry Jones, owner of the Dallas Cowboys, and the Goff family.

What is FaZe Clan?

FaZe Clan is one of the most prominent and influential gaming organizations in the world, known for its extensive global reach and engaging brand strategies.

How has FaZe Clan contributed to GameSquare's success?

FaZe Clan has significantly contributed to GameSquare's success through high-performing licensing deals, innovative product launches, and building a global audience, generating over $75 million in gross co-branded product revenue.

What is GameSquare's mission?

GameSquare's mission is to revolutionize how brands and game publishers connect with Gen Z, Gen Alpha, and Millennial audiences through their next-generation media, entertainment, and technology capabilities.

Has GameSquare reported any recent financial growth?

Yes, GameSquare reported an 85% year-over-year revenue increase, reflecting both organic growth and successful acquisitions.

What services does GameSquare offer?

GameSquare offers marketing and creative services, data and analytics solutions, and brand amplification through platforms like FaZe Clan.

How can I stay updated on GameSquare's latest news?

You can stay updated by visiting GameSquare's website and following them on social media platforms.

GameSquare Holdings, Inc.

Nasdaq:GAME

GAME Rankings

GAME Stock Data

26.47M
18.08M
44.77%
10.51%
2.6%
Electronic Gaming & Multimedia
Services-amusement & Recreation Services
Link
United States of America
FRISCO