Earnings release
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neogames Third Quarter Revenues of $ 11.9 Million and Share in NPI Revenue Interests of $ 8.3 Million totaling $ 20.2 Million ( up 29.7 % year - over - year ) Third Quarter Net Income of $ 0.06 Per Share ● NeoGames Announces Third Quarter 2021 Results - Third Quarter Adjusted EBITDA¹ of $ 7.5 Million ( down 3.8 % year - over - year ) Raises Full Year 2021 total of Revenue and Share NPI Revenues Interest Guidance to between $ 82.5 and $ 84.5 Million — Luxembourg November 10 , 2021 NeoGames S.A. ( Nasdaq : NGMS ) ( " NeoGames " or the " Company " ) , a technology - driven provider of end - to - end iLottery solutions , announced today financial results for the third quarter ended September 30 , 2021 . Moti Malul , Chief Executive Officer of NeoGames , said : " We continue to position ourselves well for the long - term , investing in our technology solutions and our operational capabilities and executing on our business plan as a global leader of iLottery solutions for national and state - regulated lotteries . This quarter , we have seen growth in several of our accounts with Virginia and North Carolina in the US continuing their good performance , while in Europe Sazka's online penetration has ramped up to represent a significant percentage of their total GGR . Subsequent to quarter end , our Games Studio continued its expansion with the launch of our suite of premium elnstant games with Lottomatica in Italy . We also continue to invest in PlayAlberta , as we launched draw games late in the second quarter , and launched sports betting in August . On the state authorization front , momentum has progressed in the U.S. , with Connecticut and West Virginia in various stages of public procurement processes , which we see as a positive step towards further market expansion . All of these highlights reflect our ability to capitalize on our expanding market opportunity and cement NeoGames as the leader in the industry . " Third Quarter 2021 Financial Highlights Revenues were $ 11.9 million during the third quarter of 2021 , compared to $ 13.1 million during the third quarter of 2020. In addition , the Company's share of NPI revenues was $ 8.3 million during the third quarter of 2021 , compared to $ 2.5 million during the third quarter of 2020 , representing an increase of 233.2 % year - over - year . The total of revenues and the Company's share of NPI's revenues was $ 20.2 million during the third quarter of 2021 compared to $ 15.6 million during the third quarter of 2020 , representing an increase of 29.7 % year - over - year . Comprehensive income was $ 1.5 million , or $ 0.06 per share , during the third quarter of 2021 , compared to comprehensive income of $ 2.5 million , or $ 0.11 per share , during the third quarter of 2020 , . 1