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Media and Games Invest: Q2 2023: Challenging macro headwinds - Redeye

Redeye comments on MGI’s Q2 2023 report, which came in lower than expectations on both sales and profitability levels, driven by continued challenging macro headwinds. Given the higher uncertainty into H2 2023e, management now expects lower organic growth than expected in H2 2023e, lowering its guidance for FY 2023e.

Redeye comments on MGI’s Q2 2023 report, which came in lower than expectations on both sales and profitability levels, driven by continued challenging macro headwinds. Given the higher uncertainty into H2 2023e, management now expects lower organic growth than expected in H2 2023e, lowering its guidance for FY 2023e.
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