(Adds details)
March 14 (Reuters) - Amaya Inc AYA.TO AYA.O , the owner
of online gambling sites PokerStars and Full Tilt, reported a
better-than-expected quarterly profit as it added more
customers.
Aggregate customer registrations increased by 1.99 million
in the fourth quarter to about 99 million at the end of 2015 and
currently exceed 100 million, Amaya said in a statement.
The Montreal-based company said earlier this month it has
tapped Moelis & Co to independently value the company, in light
of an anticipated takeover proposal from its Chief Executive
David Baazov for C$21 per share.
Net loss from continuing operations was C$15.8 million, or a
loss of 7 Canadian cents per share, for the quarter ended Dec.
31, compared with net earnings from continuing operations of
C$35.6 million, or 17 Canadian cents per share, a year earlier.
The company reported an adjusted profit of 53 Canadian cents
per share beating average analysts' estimate of 49 Canadian
cents per share.
Revenue rose 14.8 percent to C$389.5 million from C$339.4
million.
Shares of the company, which have slipped about 40 percent
in the last year, closed at C$18.60 on Monday on the Toronto
Stock Exchange.