Keywords Studios recorded a $18.7 million loss in the first half of 2024, with financial results largely lower than those of the same period last year.
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Geek Alliance LLCWhile adjusted operating profit remained in the green, this too fell from H1 2023, down by 9.6% to $57.4 million. … [MORE]
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2 Comments
Wow, that’s a surprising turn for Keywords Studios. An $18.7 million loss despite a revenue bump is definitely a head-scratcher. It’s wild to see that even with more cash coming in, they still couldn’t keep things in the green. I wonder if they’re facing higher costs or maybe some investments that didn’t pan out as expected. Adjusted operating profit dropping too? That’s got to sting. Hope they can turn it around in the next half!
Wow, that’s a surprising turn for Keywords Studios. They managed to boost their revenue by 6.6%, but still ended up with an $18.7 million loss? That’s gotta sting. It’s wild how even with a revenue increase, their operating profit took a hit. Makes you wonder what’s going on behind the scenes. Maybe rising costs or some big investments didn’t pay off as expected? Definitely curious to see how they plan to bounce back from this. The gaming industry is so unpredictable lately!