Galaxy Gaming, INC
Market Movers (8-K)
OQB
Galaxy Gaming, Inc. has amended its Credit Agreement with BMO Bank N.A. to permit stock repurchases up to $4 million under specific conditions.
OQB
Galaxy Gaming's Board of Directors has authorized a $4.0 million share repurchase program, signaling confidence in the company's value and future growth.
OQB
Galaxy Gaming projects record recurring revenue for Q2 2026, with expected net income between $0.9M and $1.0M and Adjusted EBITDA of $3.3M to $3.4M.
OQB
Galaxy Gaming announced the termination of its merger agreement with Evolution Malta Holding Limited, receiving a $5.23 million termination fee.
OQB
Galaxy Gaming is evaluating its options after the merger outside date passed without required regulatory approvals, with potential for extension or termination.
Delay expected
OQB
Galaxy Gaming provides an update on its pending merger with Evolution, anticipating closure before the July 17, 2026, Outside Date, pending regulatory approvals.
Quarterly Earnings (10-Q)
OQB
Galaxy Gaming, Inc. reported a net income of $1.04 million for Q3 2025, a significant turnaround from a prior-year loss, despite a slight revenue decline and a delay in its acquisition by Evolution.
Delay expected
Better than expected
OQB
Galaxy Gaming reports mixed Q2 2025 financial results, with digital revenue growth and reduced interest expense, while its acquisition by Evolution Malta Holding Limited is extended to October 2025.
Delay expected
Capital raise
OQB
Galaxy Gaming reported a net loss of $2.02 million for Q1 2025, despite an increase in digital revenue, and anticipates completing its merger with Evolution in the second half of 2025.
Worse than expected
OQB
Galaxy Gaming's Q3 2024 results show revenue growth, but a net loss due to acquisition-related expenses, as the company navigates a pending merger with Evolution Malta Holding Limited.
Worse than expected
OQB
Galaxy Gaming's Q2 2024 results show a slight decrease in net income despite revenue growth, while the company also announced a merger agreement with Evolution Malta Holding Limited.
Worse than expected
OQB
Galaxy Gaming saw a 7.8% increase in net revenue and improved profitability in the first quarter of 2024 compared to the same period last year.
Better than expected
Annual Reports (10-K)
OQB
Galaxy Gaming's 2024 10-K filing reveals revenue growth driven by core and digital segments, alongside updates on its pending merger with Evolution Malta Holding Limited.
Worse than expected
OQB
Galaxy Gaming Inc. reports an 18.5% increase in net revenue for 2023, driven by growth in both its land-based and online gaming segments, according to its annual 10-K filing.
Worse than expected
Insider Trading (Form 4)
OQB
Galaxy Gaming Director Bryan W. Waters reported a planned acquisition of 4,535 common shares at $2.85 per share, effective December 31, 2025, through a Rule 10b5-1 plan.
OQB
Galaxy Gaming Director Mark A. Lipparelli acquired 6,046 shares of common stock at $2.85 per share, increasing his direct beneficial ownership to 2,031,330 shares.
OQB
A director at Galaxy Gaming, Inc. acquired 5,291 shares of common stock at $2.85 per share through a pre-arranged plan.
Better than expected
OQB
Meredith B. Brill, a Director at Galaxy Gaming, Inc., acquired 4,535 shares of common stock at $2.85 per share, increasing her beneficial ownership.
OQB
A director of Galaxy Gaming, Meredith B. Brill, acquired 4,489 shares of common stock at a price of $2.80 per share, increasing her direct beneficial ownership.
OQB
Galaxy Gaming Director Cheryl Kondra acquired 5,237 shares of common stock at $2.80 per share, increasing her direct beneficial ownership to 171,989 shares.
Proxy Statements (Def-14A)
OQB
Galaxy Gaming supplements its definitive proxy statement related to the proposed merger with Evolution Malta Holding Limited to address stockholder litigation alleging incomplete disclosures.
OQB
Evolution Malta Holding Limited will acquire Galaxy Gaming, Inc. for $3.20 per share in cash, representing a 124% premium over the closing price on July 17, 2024.
Better than expected
OQB
Galaxy Gaming, Inc. has agreed to be acquired by Evolution Malta Holding Limited, with the transaction expected to close in mid-2025, pending customary approvals.
OQB
Galaxy Gaming, Inc. will hold its virtual Annual Meeting of Stockholders on May 29, 2024, to vote on the election of a director and the ratification of the company's independent auditor.
Schedule 13G - Passive Investments
OQB
Cannell Capital LLC and J. Carlo Cannell have filed a Schedule 13G reporting a 5.2% beneficial ownership stake in Galaxy Gaming, Inc.
OQB
Cannell Capital LLC and J. Carlo Cannell have filed an amended Schedule 13G, disclosing a shared beneficial ownership of 3.14% of Galaxy Gaming, Inc.'s common stock as of March 31, 2025.
OQB
Topline Capital Management, LLC and its affiliates have disclosed a passive 4.9% beneficial ownership stake in Galaxy Gaming, Inc. common stock.
OQB
SCHEDULE 13G/A: Cannell Capital Discloses 6.79% Passive Stake in Galaxy Gaming
Cannell Capital LLC and J. Carlo Cannell have filed an amended Schedule 13G, reporting a passive beneficial ownership of 6.79% in Galaxy Gaming, Inc.
OQB
Topline Capital Management, along with Collin McBirney and Topline Capital Partners, LP, has disclosed a beneficial ownership of 8.7% in Galaxy Gaming, Inc.'s common stock.