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Verisante: Q3 Earnings Snapshot – WTOP News
Revenue climbed nearly 4x quarter over quarter, and the company posted $8.9 million of net income while reaffirming full-year guidance.
Bragg Gaming Group reported lower third-quarter revenue on Friday, November 13, 2026, and immediately appointed an interim chief executive officer to lead the company's management transition.
Widening operating losses and declining adjusted EBITDA prompted the leadership change, as Bragg reported that gross profit declined significantly faster than expenses throughout the quarter.
"Close the gap between spending and cash generation," interim CEO Morten Tonnesen said, noting the firm will concentrate capacity on proprietary content and serving operator partners.
The board initiated a strategic review to address performance and prioritize operational stability while searching for a permanent executive leader to navigate the current transition.
Macroeconomic headwinds impacting consumer discretionary spending likely forced this shift, with financial analysts anticipating that Bragg will implement cost-optimization programs to preserve capital and improve margins.