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Devolver Digital, Inc. ( (GB:DEVO) ) has issued an announcement.
Devolver Digital, Inc. reported a strong financial performance for the year ending December 31, 2024, achieving double-digit revenue growth and returning to positive Adjusted EBITDA. The company’s robust performance was fueled by successful new game releases and strong back catalogue revenues, supported by strategic cost management. Looking ahead, Devolver anticipates further profit improvements in 2025, driven by its strong release pipeline and innovative game designs.
More about Devolver Digital, Inc.
Devolver Digital, Inc. is an award-winning video games publisher specializing in indie games, with a focus on premium titles. The company maintains a balanced portfolio of third-party and own-IP games, having published over 120 titles and with more than 30 titles scheduled for release in the coming years. Devolver operates in-house studios for first-party IP development and is registered in Wilmington, Delaware, USA.
YTD Price Performance: -8.16%
Average Trading Volume: 255,590
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £106.8M
Find detailed analytics on DEVO stock on TipRanks’ Stock Analysis page.