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Digital Bros S.p.A. ( (IT:DIB) ) has issued an announcement.
Digital Bros Group has updated its financial outlook for the fiscal year ending June 30, 2025, projecting a decline in EBIT due to the underperformance of its new video game, Blades of Fire, and higher-than-expected write-offs. Despite these challenges, the company expects its net financial debt to improve significantly, falling below Euro 20 million, which is better than previous estimates.
The most recent analyst rating on (IT:DIB) stock is a Buy with a EUR22.00 price target. To see the full list of analyst forecasts on Digital Bros S.p.A. stock, see the IT:DIB Stock Forecast page.
More about Digital Bros S.p.A.
Digital Bros Group, listed on the Euronext STAR Milan, is a global company operating since 1989 as a developer, publisher, and distributor of video games through its brand 505 Games. The company markets its content on both retail and digital channels and has direct operations in several countries including Italy, the United States, and China, employing 287 people worldwide.
Average Trading Volume: 39,296
Technical Sentiment Signal: Buy
Current Market Cap: €212.3M
For an in-depth examination of DIB stock, go to TipRanks’ Overview page.