G5 Entertainment (Q1 Initial take): Weaker than expected - Redeye
Bildkälla: Stockfoto

G5 Entertainment (Q1 Initial take): Weaker than expected - Redeye

Redeye comments on G5 Entertainment’s Q1-results which were weaker than expected, as the company saw a larger than anticipated revenue decline with soft performance from all its key franchises. The company also provides a soft outlook, where it expects that increased UA costs will remain challenging for profitability, while it also has carried out cost savings to mitigate the continued topline decline.

Redeye comments on G5 Entertainment’s Q1-results which were weaker than expected, as the company saw a larger than anticipated revenue decline with soft performance from all its key franchises. The company also provides a soft outlook, where it expects that increased UA costs will remain challenging for profitability, while it also has carried out cost savings to mitigate the continued topline decline.
Börsvärldens nyhetsbrev