Remedy: Postponed revenue streams should be undramatic

Research Note

2022-08-01

22:10

Redeye will not make any immediate adjustments following the lowered guidance for 2022 from Remedy. Our research update published in April expected relatively slow revenue growth and a significantly lower EBIT compared to 2021. The lowered guidance was therefore expected and has mostly a technical explanation where some development fees will be postponed to 2023, due to optimized cost-control in the development process for the Tencent collaboration codenamed Vanguard.

TO

VL

Tomas Otterbeck

Viktor Lindström

Sign up for free to continue

Already a member?

Sign in

Disclosures and disclaimers

Premium Plan required to unlock

Unlock companies to access

more high quality research.