Codere Online Luxembourg, S.A. to Release Financial Results for Third Quarter of 2022

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Codere Online Luxembourg ($NASDAQ:CDRO), S.A. is a leading international provider of online gaming and sports betting solutions. The company provides online gaming and sports betting solutions to customers in over 10 countries. The release of the company’s financial results for the third quarter of 2022 will provide investors with an update on the company’s performance and growth. analysts will be closely watching the results to see how the company is faring in the current market conditions. investors are hopeful that Codere Online Luxembourg, S.A. will continue to perform well and deliver strong results in the quarters to come.

Price History

The company’s stock opened at $2.7 and closed at $3.0, an 8.4% increase from its previous closing price of $2.7.

VI Analysis

CODERE ONLINE LUXEMBOURG SA is a ‘cheetah’ type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. The company’s fundamentals reflect its long term potential and it has an intermediate health score of 6/10 with regard to its cashflows and debt. CODERE ONLINE LUXEMBOURG SA is strong in asset, growth, and weak in dividend, profitability. Such a company may be of interest to investors who are looking for high growth potential but are willing to take on more risk.

VI Peers

The company operates in Europe, Latin America, and Spain. The company offers online casino, sports betting, and poker. Codere Online SA is a subsidiary of Codere SA. The company was founded in 1980 and is headquartered in Luxembourg. The company’s main competitors are bet-at-home.com AG, Golden Nugget Online Gaming Inc, Rush Street Interactive Inc.

– bet-at-home.com AG ($LTS:0RIP)

Assuming you are asking for bet-at-home.com AG:

bet-at-home.com AG is a gaming and sports betting company that offers its services online. The company was founded in 1999 and is headquartered in Dusseldorf, Germany. bet-at-home.com AG operates in the gaming and sports betting industry. The company offers sports betting, live betting, casino games, and poker. It also provides live streaming of sporting events. The company has a market cap of 30.42M as of 2022 and a Return on Equity of 13.09%.

– Golden Nugget Online Gaming Inc ($NYSE:RSI)

Rush Street Interactive Inc is a gaming company that operates online casinos and sports betting websites. The company has a market cap of 237.28M and a ROE of -121.42%. The company’s online casinos offer a variety of casino games, including slots, blackjack, roulette, and poker. The company’s sports betting websites offer a variety of sports betting options, including football, basketball, baseball, and hockey.

Summary

CODERE ONLINE LUXEMBOURG SA is a publicly traded company on the Luxembourg Stock Exchange. The company is engaged in the business of online gaming and gambling. Investors may be attracted to CODERE ONLINE LUXEMBOURG SA because of its strong financial position. Another reason to consider investing in CODERE ONLINE LUXEMBOURG SA is its exposure to the growing online gaming and gambling industry.