Devolver Digital Inc on Thursday reported a sharply narrowed annual loss as it expects to return to an annual profit amid the release of several new games.
The Austin, Texas-based video game.
Devolver Digital Inc on Monday lamented a delay to the publication of video games originally scheduled for 2023 but now headed for release in 2024 as it reported lower interim revenue, albeit its loss.
Devolver Digital Inc on Tuesday said it swung to an annual loss, as costs of sales more than offset rising revenue, while it cited a challenging first half of 2022.
Shares in Devolver were down 13%. | April 11, 2023