mybet Holding SE reported earnings results for the first quarter of 2017. For the quarter, the group reported revenue of EUR 8.9 million, down 28.9% against the EUR 12.5 million a year ago. The loss before interest, taxes, amortization and depreciation (LBITDA) was EUR 2.2 million compared to EUR 0.8 million a year ago. Loss before interest and taxes (LBIT) was EUR 2.6 million compared to EUR 1.0 million a year ago.

The company provided earnings guidance for the year 2017. For the year, the company expects revenue between EUR 44.5 and 47.0 million and EBIT between EUR 4.5 and 5.5 million.