tiprankstipranks
Company Announcements

Gravity Co. Reports Mixed Q3 2024 Financial Results

Gravity Co. Reports Mixed Q3 2024 Financial Results

Gravity Co (GRVY) has released an update.

Gravity Co., a renowned developer of online and mobile games, reported a mixed bag of financial results for the third quarter of 2024. Despite a 4.4% increase in overall revenues from the previous quarter, the company faced a significant 27.1% drop compared to the same period last year. The company continues to expand its footprint with new game launches, including ‘THE RAGNAROK’ and ‘Ragnarok X: Next Generation’, aiming to capture more markets globally.

For further insights into GRVY stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App