Evolution Reports Mixed Q2 Results as Galaxy Gaming Acquisition Remains Uncertain
Evolution, the leading live casino supplier, posted its second consecutive quarter of declining revenue for 2026, reporting net revenue of €517.8 million for Q2, down 1.2% year-on-year from €524.3 million. EBITDA reached €341.0 million, maintaining a margin of 65.9%, while net profit edged up slightly to €251.4 million. Earnings per share increased to €1.27. Despite the modest decline, CEO Martin Carlesund emphasized improvements compared to Q1, citing stronger cost control, improved cash flow, and growth in key markets. “Revenue and margin […] The post Evolution Reports Mixed Q2 Results as Galaxy Gaming Acquisition Remains Uncertain appeared first on World Casino News.
Evolution, the leading live casino supplier, posted its second consecutive quarter of declining revenue for 2026, reporting net revenue of €517.8 million for Q2, down 1.2% year-on-year from €524.3 million. EBITDA reached €341.0 million, maintaining a margin of 65.9%, while net profit edged up slightly to €251.4 million. Earnings per share increased to €1.27. Despite the modest decline, CEO Martin Carlesund emphasized improvements compared to Q1, citing stronger cost control, improved cash flow, and growth in key markets. “Revenue and margin […]
The post Evolution Reports Mixed Q2 Results as Galaxy Gaming Acquisition Remains Uncertain appeared first on World Casino News.