Funcom: Major increase in popularity for Conan Exiles
Research Note
2020-03-02
16:25
The Q4-results were in-line with our estimates with net sales of USD 6.6 million, versus our expected USD 7.1 million. EBIT was USD -0.5 million, close to our estimate of USD -0.1 million. Revenues from the three-year-old Conan Exiles was the key revenue driver. The game’s popularity shows its highest numbers since the game’s two launch quarters (Early Access and full-launch) in January-February 2020.
TO
KL
Tomas Otterbeck
Kristoffer Lindström
Disclosures and disclaimers