Guillemot Corp. SA (FR:GUI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Guillemot Corp. SA reported a 3% increase in third-quarter turnover for 2024, driven by strong sales of Thrustmaster products, which saw a 16% rise in the first nine months. Despite a decline in Hercules sales due to competitive pressures, the company remains optimistic for the fourth quarter with new product launches and expects continued sales growth and profitability for the year. The company’s diverse range of interactive entertainment hardware continues to capture market share across 150 countries.
For further insights into FR:GUI stock, check out TipRanks’ Stock Analysis page.