Devolver Digital, Inc. (GB:DEVO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
