tiprankstipranks
Devolver Digital Eyes Growth After Rebuild Year
Company Announcements

Devolver Digital Eyes Growth After Rebuild Year

Devolver Digital, Inc. (GB:DEVO) has released an update.

Devolver Digital, Inc. reports a strategic year of rebuilding in 2023, with a return to profit in the second half and expectations for growth in 2024. The company saw a 10% revenue increase in the latter half of 2023 and a 25% increase in back catalogue revenue driven by strong sales of Cult of the Lamb and Inscryption. Looking ahead, Devolver Digital is poised for a vibrant 2024 with 10 new titles, a solid pipeline of over 30 games, and continued strong performance from its back catalogue.

For further insights into GB:DEVO stock, check out TipRanks’ Stock Analysis page.

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles