Inspired Entertainment Inc has announced that it will report its financial results for the fourth quarter and full-year financial year 2018 ended September 30, 2018 on December 5, 2018, before the market opens. The firm’s management will host a conference call and simultaneous webcast at 9 am ET the same day to discuss the financial results and general business trends.
The announcement marks a period of positive activity for some of Inspired’s investors over the third quarter of trading. Gabelli Funds LLC raised its position in shares of the firm by 100 per cent during the term, according to its most recent filing with the Securities & Exchange Commission. The firm owned 60,000 shares of the company’s stock after acquiring an additional 30,000 units during the quarter.
Other institutional investors have also recently modified their holdings in Inspired. Teton Advisors Inc hiked its stake by 34.7 per cent during Q3 and now owns 264,640 shares of the company’s stock valued at $1,614,000 after buying an additional 68,112 shares during the period.
Additionally, 683 Capital Management LLC increased its stake in the firm by 15.1% during the 2nd quarter. It currently owns 707,330 shares of the company’s stock valued at $4,421,000 after buying an additional 93,011 shares during the period.