Yahoo Finance Devolver Digital Full Year 2023 Earnings: Revenues Beat Expectations
Devolver Digital (LON:DEVO) Full Year 2023 Results
Key Financial Results
Revenue: US$92.4m (down 31% from FY 2022).
Net loss: US$12.7m (loss narrowed by 86% from FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Devolver Digital Revenues Beat Expectations
Revenue exceeded analyst estimates by 1.9%.
Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Entertainment industry in the United Kingdom.
Performance of the British Entertainment industry.
The company's shares are up 9.3% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on Devolver Digital's balance sheet health.
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