Why Rush Street Interactive Shares Are Jumping Today

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Rush Street Interactive, Inc. (NYSE:RSI) shares are surging today after the company reported better-than-expected fourth-quarter financial results and issued 2024 revenue guidance above estimates.

Revenue of $193.85 million (+17% Y/Y) came above the estimates of $178.83 million.

Adjusted EBITDA came in at $11.5 million vs. a loss of $(17.3) million prior year quarter.

Monthly Active Users (MAU) in the U.S. and Canada rose 7% Y/Y to 160,000, and …

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