Rush Street (RSI) Extends Run on Day 5, Jumps 25% on Q2 Earnings, Outlook

We recently published 10 Stocks Crushing With Whopping Double-Digit Gains. Rush Street Interactive, Inc. (NYSE:RSI) is one of the best-performing stocks on Thursday.

Rush Street extended its winning streak to a fifth consecutive day on Thursday, jumping 25.53 percent to close at $20.16 apiece as investor sentiment was bolstered by an impressive earnings performance in the second quarter, coupled with a higher growth outlook for the rest of the year.

In its earnings release, Rush Street Interactive, Inc. (NYSE:RSI) said it swung to a net income of $28.8 million in the second quarter from a $300,000 net loss in the same period last year, while revenues increased by 22 percent to $269.2 million from $220.4 million.

The company also experienced a surge in monthly active users in the US and Canada, at 197,000 or a 21 percent increase; as well as in Latin America, including Mexico, at 403,000 or a 42 percent jump from the same period a year earlier.

Encouraged by the results, Rush Street Interactive, Inc. (NYSE:RSI) raised its full-year revenue and adjusted EBITDA guidance for full-year 2025. Revenues are now expected to settle anywhere between $1.05 billion and $1.1 billion, or an expected growth of 13.6 to 19 percent year-on-year.

Meanwhile, adjusted EBITDA was pegged at a range of $133 million to $147 million, or a 44-percent to 59-percent jump from last year.