Gamehaus (NASDAQ:GMHS) Announces Quarterly Earnings Results

Gamehaus (NASDAQ:GMHSGet Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.04 earnings per share for the quarter, Zacks reports. The firm had revenue of $27.73 million for the quarter. Gamehaus updated its Q2 2026 guidance to EPS.

Gamehaus Stock Performance

Shares of GMHS opened at $1.07 on Thursday. Gamehaus has a fifty-two week low of $0.86 and a fifty-two week high of $3.49. The business has a 50-day moving average of $1.25 and a 200 day moving average of $1.43. The firm has a market cap of $57.32 million, a P/E ratio of 35.67 and a beta of 0.18.

Hedge Funds Weigh In On Gamehaus

An institutional investor recently bought a new position in Gamehaus stock. Virtu Financial LLC purchased a new stake in Gamehaus Holdings Inc. (NASDAQ:GMHSFree Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 27,250 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned 0.05% of Gamehaus as of its most recent SEC filing. 63.69% of the stock is owned by hedge funds and other institutional investors.

Gamehaus declared that its board has authorized a stock repurchase program on Thursday, August 28th that permits the company to buyback $5.00 million in shares. This buyback authorization permits the company to reacquire up to 98.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its shares are undervalued.

Gamehaus Company Profile

(Get Free Report)

Gamehaus Holdings Inc is a mobile game developer and publisher. Gamehaus Holdings Inc is headquartered in Beijing, China.

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