G5 Entertainment: Q4 in line but weak guidance
Research Note
2019-02-13
11:28
G5 Entertainment followed the trend amongst the biggest game publishers and reported net sales in line with estimates with a somewhat higher profitability than expected. However, like peers, guidance for the first half of 2019 was relatively weak which resulted in a 12% drop (like bigger peers EA and Take Two Interactive) in the share price in the beginning of trading. We give some brief comments.
TO
Tomas Otterbeck
Disclosures and disclaimers