Thunderful Group: Q4 2022, Back on track - Redeye

Redeye is encouraged by Thunderful group’s Q4 2022 report. Reduced inventory levels, stable cash flows and strong performance from Games in the quarter are some of the highlights in the report. Net sales came in slightly below our estimates, while adj. EBITA came in 13% ahead of our expectations, largely in part due to strongs results from Games.

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