Devolver Digital First Half 2024 Earnings: US$0.01 loss per share (vs US$0.023 loss in 1H 2023)

Devolver Digital (LON:DEVO) First Half 2024 Results

Key Financial Results

• Revenue: US$51.6m (up 18% from 1H 2023).
• Net loss: US$4.41m (loss narrowed by 56% from 1H 2023).
• US$0.01 loss per share (improved from US$0.023 loss in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Devolver Digital Earnings Insights

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Entertainment industry in the United Kingdom.

Performance of the British Entertainment industry.

The company's shares are down 4.5% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Devolver Digital you should know about.

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