In a recent regulatory disclosure, Flutter Entertainment plc, a leader in computer programming and data processing services, announced that it will conduct an Investor Day event on September 25, 2024. The announcement was made today and is intended to align with the United Kingdom Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The company, which trades under the ticker NYSE:FLUT, released the information through the Regulatory News Service in London. The notice was furnished as part of a Form 8-K filed with the United States Securities and Exchange Commission (SEC), which includes the Investor Day details as Exhibit 99.1.
Flutter Entertainment, formerly known as Stars Group Inc. and Amaya Inc., is headquartered in New York, New York, with its principal executive offices located at 290 Park Ave South, 14th Floor. The company has a history of name changes, with the most recent being from Stars Group Inc. to its current name on July 31, 2017.
The information in this article is based on a press release statement.
InvestingPro Insights
As Flutter Entertainment plc (NYSE:FLUT) prepares for its Investor Day event, the company's financial health and strategic outlook are of paramount interest to investors. According to InvestingPro data, Flutter Entertainment has a market capitalization of $39.29 billion, reflecting the company's significant presence in the computer programming and data processing services industry. The company has also demonstrated robust revenue growth, with an increase of 16.28% over the last twelve months as of Q2 2024, and an even more impressive quarterly revenue growth of 20.33% for Q2 2024.
InvestingPro Tips suggest that while Flutter Entertainment is not currently profitable, with a negative P/E ratio of -34.88, analysts predict that the company will become profitable this year. This outlook is supported by the company's strong gross profit margin, which stands at 47.22% for the last twelve months as of Q2 2024. Additionally, the company's shares have shown a strong return over the last three months, with a 22.91% increase, and are trading near their 52-week high, at 97.58% of the peak price.
Investors interested in further insights can find additional InvestingPro Tips for Flutter Entertainment, which can help in making informed decisions ahead of the upcoming Investor Day. For more detailed analysis and tips, visit https://www.investing.com/pro/FLUT.
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