A lack of debt and minimal losses in the crypto space appear to have buoyed the worst of the damage.
A new suit alleges that customers were not notified that their support calls and chats were recorded and sold to a third party. Attorney Richard Hoeg weighs in.
Rumors of an acquisition continue to swirl.
A string of acquisitions has led to the company acquiring the rights to games and movies based on Lord of the Rings. Analyst David Cole weighs in.
The company’s acquisition of mobile giant Zynga has boosted its forecast. Analyst Craig Chapple weighs in.
Major players like Ubisoft and EA are reportedly looking to sell, while other companies show no sign of slowing down acquisition efforts.
Domestic gaming revenue saw a minor 1% dip due to “direct and indirect effects of […] minor protection measures.”
However, Embracer’s pace of scooping up studios means short-term losses.
Red Dead Redemption 2, Tiny Tina’s Wonderlands, and WWE all exceeded the publisher’s expectations.
The publisher’s sales dipped by 4%, while consolidated net income saw a 24% decline YOY.
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