Starbreeze: Stronger sales than expected - Redeye

Starbreeze's revenues exceeded our expectations for the quarter by 53%. At the same time, EBIT was in line with our expectations, due to a higher depreciation rate of Payday 3 and a one-time expense related to the employee incentive program linked to the launch of Payday 3. Nevertheless, cash flow remained strong, resulting in a cash position of SEK387m at the end of the quarter compared to SEK348m the quarter before.

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