Thunderful Group Q3 2024: Weak quarter and new restructuring program announced - Redeye

Redeye comments on Thunderful Group’s Q3’24 report, which was weaker than expected, primarily due to lower sales in Publishing. The company announced a new restructuring program this morning, expected to result in an annual net cash flow improvement of SEK50m and a write-down of SEK220-240m. Thunderful also announced that it will shift its focus more toward third-party game publishing while reducing its investments in internal game projects.

Länk till analysen i sin helhet: https://www.redeye.se/research/1056098/thunderful-group-q3-2024-weak-quarter-and-new-restructuring-program-announced?utm_source=finwire&utm_medium=RSS