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Beyond Frames Q2 2024: No fundamental drama - Redeye

Net sales were 9% lower than our estimate. Costs were in line with our expectations, which led to lower profitability than our projections. The stock has fallen sharply, by 45%, since the last quarterly report, which we believe is odd. The game pipeline looks strong and the sequel to one of its most profitable games are planned for a release in late September.

Net sales were 9% lower than our estimate. Costs were in line with our expectations, which led to lower profitability than our projections. The stock has fallen sharply, by 45%, since the last quarterly report, which we believe is odd. The game pipeline looks strong and the sequel to one of its most profitable games are planned for a release in late September.
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