The Stars Group Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported revenue was $392,891,000 against $317,320,000 a year ago. Net earnings before income taxes were $75,516,000 against $68,441,000 a year ago. Net earnings were $74,361,000 against $65,753,000 a year ago. Net earnings attributable to shareholders of the company were $75,451,000 against $65,411,000 a year ago. EBITDA was $159,789,000 against $144,765,000 a year ago. Adjusted EBITDA was $175,022,000 against $151,001,000 a year ago. Adjusted net earnings were $139,207,000 against $113,367,000 a year ago. Adjusted net earnings per diluted share were $0.66 against $0.56 a year ago. Diluted earnings from continuing operations per common share were $0.36 against $0.33 a year ago. Net cash inflows from operating activities were $132,069,000 against $95,547,000 a year ago. Purchase of property and equipment were $3,585,000 against $856,000 a year ago. Acquired intangible assets were $2,427,000 against $707,000 a year ago. The improvement in revenue was aided by organic growth in each of its verticals: poker, casino and sportsbook. As a result of this revenue growth the company's quarterly adjusted EBITDA increased by 16%. Net earnings was also impacted by acquisition-related costs of $7.7 million in quarter 1 2018. The increase in net earnings was primarily driven by the factors they noted for adjusted EBITDA and net earnings.

For the full year of 2018, the company expects revenues of $1,390 million to $1,470 million, adjusted EBITDA of $625 million to $650 million, adjusted net earnings of $487 million to $512 million and adjusted net earnings per diluted share of $2.33 to $2.47.

For the quarter, the company reported impairment of intangible assets and assets held for sale was $115,000.