Embracer Group: Q2 22/23 initial take – Soft profitability and cut guidance - Redeye
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Redeye comments on Embracers Q2 2022/23 report. Net sales came in 4% higher than our estimates, while Adj EBIT was 3% below, driven by a weaker gross margin and somewhat higher underlying costs. Additionally, Embracer reduced its guidance for FY 2022/2023 due to the weaker mixed reception from recent PC/Console releases and a delay of its major upcoming AAA release Dead Island 2.
Länk till analysen i sin helhet: https://www.redeye.se/research/863882/embracer-group-q2-22-23-intial-take-soft-profitability-and-cut-guidance?utm_source=finwire&utm_medium=RSS