Kambi share price dips after Q1 results; revenue up 19% but operating profit falls

Sports betting supplier sees solid yearly revenue growth, mainly crediting US performance, and only just down from Q4 if one-off Penn payment taken out of equation. CEO highlights Latin America but share price dips 8%. Kambi has reported Q1 revenue of €44m ($48.5m) – a 19% year-on-year rise. However, operating profit (EBIT) was down 38% to €4.5m, with the EBIT margin also falling from 19.9% to 10.3%. This, the supplier says, was...