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Thunderful Group Q3 2023 preview: Muted quarter expected - Redeye

Redeye provides a preview ahead of Thunderful Groups Q3 2023 report, due on the 15th of November, expecting a muted quarter. Following some game postponements and lower visibility for coming game releases from 2024e, while also raising our WACC from a higher risk-free rate, we lower our estimates and valuation.

Redeye provides a preview ahead of Thunderful Groups Q3 2023 report, due on the 15th of November, expecting a muted quarter. Following some game postponements and lower visibility for coming game releases from 2024e, while also raising our WACC from a higher risk-free rate, we lower our estimates and valuation.
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