Rush Street Stock Gets Modest Lift After Company Ups Guidance
Rush Street Interactive CEO Greg Carlin in an interview with CNBC. The company again raised 2021 revenue guidance. (Image: CNBC) That’s the second time this year the newly public iGaming operator lifted its 2021 sales outlook. In March, the Illinois-based company issued 2021 revenue guidance of $420 million to $460 million, up from a prior estimate of $320 million. At the midpoint of the range, revenue of $460 million represents 65% year-over-year growth when compared to $278.5 million of revenues for 2020,” according to a statement. Today’s announcement arrived in conjunction with th...