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Update: SharpLink Gaming Shares Fall After Q2 Miss

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(Updates with the latest stock price movement in the headline and the first paragraph.)

SharpLink Gaming (SBET) shares were down 5.7% in Monday trading after its Q2 results fell short of Street expectations.

The company reported a Q2 loss Friday of $1.88 per diluted share, narrowing from a loss of $4.27 a year earlier.

Three analysts polled by FactSet expected earnings of $0.01.

Revenue for the quarter ended June 30 was $11.5 million, up from $697,000 a year earlier.

Analysts expected $12.3 million.

Price: $6.06, Change: $-0.37, Percent Change: -5.75%

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