Guild Esports (GB:GILD) has released an update.
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Guild Esports PLC reports a 21% reduction in pre-tax loss to £1.8m and a significant 537% increase in revenue from Guild Studios, despite an overall revenue drop in a challenging macroeconomic climate. The company has also expanded its brand and revenue streams through strategic partnerships and international growth, particularly in the MENA region, while expressing cautious optimism for the future.
For further insights into GB:GILD stock, check out TipRanks’ Stock Analysis page.
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