Devolver Digital, Inc. (GB:DEVO) has released an update.
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Devolver Digital, Inc. reported a successful first half of 2024 with an 18% revenue increase to $51.6 million and a return to Adjusted EBITDA profitability with a $4.7 million profit, overcoming the previous year’s loss. The growth was attributed to strong back catalogue sales, including titles like Cult of the Lamb, and contributions from new releases as well as improved platform deals. Looking forward, the company is on track to meet its full-year guidance and has a healthy pipeline of over 30 titles set for release over the next three years.
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