Stock Analysis

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

Published
AIM:DEVO

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).
AIM:DEVO Earnings and Revenue History September 27th 2024

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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.