May 16, 2016 / 9:42 PM / a year ago

BUZZ-Amaya Inc: Q1 profit more than doubles

1 Min Read

** Pokerstars owner's U.S.-listed shares up 7.8 pct at $14 in extended trading

** Net earnings from cont ops more than doubles to $55.5 million, or 28 cents per share

** Revenue rises 6 pct to $288.7 million in Q1

** Company cites new customers, expansion of online casino offerings and investment in its online sportsbook for higher earnings

** Up to Monday's close, company shares had fallen 52 pct in the last 12 months

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