Starbreeze Q4 2023: Better Sales Than Expected for Payday 3 - Redeye

Net sales came in higher than expected. The sales, amounting to SEK69m, were more in line with our previous estimate of SEK78m than our lowered estimate in connection with our preview at SEK47m. Revenues were twice as high for Payday 3 as for Payday 2 during the quarter, which was a better distribution than we anticipated. However, profitability was lower than our estimates, with EBIT and EBITDA coming in below expectations.

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