Devolver Digital Full Year 2024 Earnings: EPS Misses Expectations

Devolver Digital (LON:DEVO) Full Year 2024 Results

Key Financial Results

• Revenue: US$104.8m (up 14% from FY 2023).
• Net loss: US$6.14m (loss narrowed by 52% from FY 2023).
• US$0.013 loss per share (improved from US$0.029 loss in FY 2023).

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

Devolver Digital EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 33%.

Looking ahead, revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Entertainment industry in the United Kingdom.

Performance of the British Entertainment industry.

The company's shares are up 3.8% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Devolver Digital's balance sheet and an in-depth analysis of the company's financial position.

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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.