Embracer Group opened its books to investors this week for the quarter just ended.
It was possible to achieve a profit of SEK 2.30 per share. In the same quarter last year, the company reported earnings of SEK 1.54 per share. In the last quarter, Embracer closed with total sales of SEK 3.43 billion. According to the report, the company increased sales by 65.62 per cent compared to the same quarter last year, when sales totalled SEK 2.07 billion.
Analysts had expected earnings per share of SEK 2.11 and sales of SEK 3.26 billion for the quarter.
The stock is currently trading at SEK 199.50, down 26 percent from its all-time high on May 3, 2021. The stock reacted positively to the numbers, rising 5.19 percent this week.
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