evoke one of the world’s leading betting and gaming companies, saw its shares surge 4.4% on Tuesday after reporting third-quarter revenue growth of 5% and reaffirming its full-year guidance that suggests earnings will exceed current market expectations.

The company reported revenue of £435 million for the three months ended September 30, marking its fifth consecutive quarter of YoY growth. All three operating divisions showed positive performance, with International leading at 8% growth, Retail up 6%, and UK & Ireland Online increasing by 1%.

The company noted that contribution is growing faster than revenue, in line with its focus on sustainable, profitable growth.

Evoke reaffirmed its fiscal year 2025 guidance of achieving an adjusted EBITDA margin of at least 20%, which the company says will deliver adjusted EBITDA ahead of the current market consensus of £362 million.

The company also maintained its medium-term targets of 5-9% annual revenue growth, approximately 100 basis points of adjusted EBITDA margin expansion per year, and leverage below 3.5x by the end of 2027.

“During Q3 we continued to execute against our strategy which is transforming our long-term competitive capabilities and building a more efficient and profitable business,” said Per Widerström, CEO of Evoke. “Whilst our refined approach to UK Online marketing to drive improved profitability slightly held back our top-line performance, we are pleased to have recorded our fifth consecutive quarter of profitable growth.”

The company highlighted several strategic achievements, including significant growth acceleration in Denmark following migration to its in-house platform, continued market share gains in casino in Italy, and a successful start to the football season for William Hill.